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IRS pays whistleblower $104 million 

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Wed, 12 Sep 12 12:51 AM | 17 view(s)
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Humm, overseas tax cheats, anyone come to mind? ;))

IRS pays whistleblower $104 million

By STEPHEN OHLEMACHER The Associated Press

Tuesday, September 11, 2012 12:53 PM EDT

WASHINGTON (AP) — The Internal Revenue Service has awarded an ex-banker $104 million for providing information about overseas tax cheats — the largest amount ever awarded by the agency, lawyers for the whistleblower announced Tuesday.

Former Swiss banker Bradley Birkenfeld is credited with exposing widespread tax evasion at Swiss bank UBS AG. Birkenfeld himself served roughly two and-a-half years in prison for a fraud conspiracy conviction related to the case, which resulted in a $780 million fine against the bank and an unprecedented agreement requiring UBS to turn over thousands of names of suspected American tax dodgers to the IRS.

more:
http://start.toshiba.com/news/read.php?rip_id=%3CDA17L35O1%40news.ap.org%3E&ps=1011




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