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	<title>The Inquisitr</title>
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		<title>UBS Whistleblower Gets $104 Million Reward From IRS</title>
		<link>http://www.inquisitr.com/327971/whistleblower-gets-104-million-reward-from-irs/</link>
		<comments>http://www.inquisitr.com/327971/whistleblower-gets-104-million-reward-from-irs/#comments</comments>
		<pubDate>Tue, 11 Sep 2012 17:52:18 +0000</pubDate>
		<dc:creator>Dan Evon</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bradley birkenfeld]]></category>
		<category><![CDATA[internal revenue service]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[swiss bank]]></category>
		<category><![CDATA[ubsag]]></category>
		<category><![CDATA[whistleblower]]></category>

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		<description><![CDATA[<br />Former Swiss banker Bradley Birkenfeld received a nice gift from the Internal Revenue Service today for blowing the whistle on the Swiss bank UBSAG and thousands of American tax cheats. The IRS gave the whistleblower $104 million for exposing the widespread tax evasion at the Swiss bank. Birkenfeld&#8217;s lawyers, Stephen M. Kohn and Dean A. [...]<p><a href="http://www.inquisitr.com/327971/whistleblower-gets-104-million-reward-from-irs/">UBS Whistleblower Gets $104 Million Reward From IRS</a> is a post from: <a href="http://www.inquisitr.com">The Inquisitr</a></p>
<br /><br /><br />]]></description>
				<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-327991" title="whistleblowers_birkenfeld" src="http://www.inquisitr.com/wp-content/uploads/2012/09/whistleblowers_birkenfeld-e1347385907588.jpg" alt="bradley birkenfeld" width="475" height="275" /></p>
<p>Former Swiss banker Bradley Birkenfeld received a nice gift from the Internal Revenue Service today for blowing the whistle on the Swiss bank UBSAG and thousands of American tax cheats. The IRS gave the whistleblower $104 million for exposing the widespread tax evasion at the Swiss bank.</p>
<p>Birkenfeld&#8217;s lawyers, Stephen M. Kohn and Dean A. Zerbe, said in a statement:</p>
<blockquote><p>&#8220;The IRS today sent 104 million messages to whistleblowers around the world — that there is now a safe and secure way to report tax fraud and that the IRS is now paying awards&#8230; The IRS also sent 104 million messages to banks around the world — stop enabling tax cheats or you will get caught.&#8221;</p></blockquote>
<p>IRS spokeswoman Michele Eldridge told <a title="fox news" href="http://www.foxnews.com/us/2012/09/11/irs-pays-ubs-whistleblower-104-million/"><em>Fox News</em></a>:</p>
<blockquote><p>&#8220;The IRS believes that the whistleblower statute provides a valuable tool to combat tax non-compliance, and this award reflects our commitment to the law.&#8221;</p></blockquote>
<p>The <a title="ny daily news" href="http://www.nydailynews.com/news/crime/swiss-banker-bradley-birkenfeld-a-104-million-reward-irs-blowing-whistle-thousands-tax-dodgers-article-1.1156736"><em>NY Daily News</em></a> reports that UBS was fined $780 million after Birkenfeld’s testimony in 2007. The bank also agreed to give up the names of 5,000 Americans who were evading their taxes.</p>
<p>Birkenfeld may have just received the largest payout ever from the IRS, but it hasn&#8217;t been all clear sailing for the former banker. The 47-year-old banker was convicted for fraud for his own illegal dealings with UBS. Birkenfeld was sentenced to four years in prison but was released two and a half years into his sentence for good behavior.</p>

<p><a href="http://www.inquisitr.com/327971/whistleblower-gets-104-million-reward-from-irs/">UBS Whistleblower Gets $104 Million Reward From IRS</a> is a post from: <a href="http://www.inquisitr.com">The Inquisitr</a></p>
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