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Jailed Banker Who Helped Crack UBS Gets $104 Million Payout [View all]
Source: Yahoo Finance
By Eamon Javers | CNBC – 1 hour 23 minutes ago
Attorneys for jailed former Swiss banker Bradley Birkenfeld announced Tuesday that the IRS will pay him $104 million as a whistleblower reward for information he turned over to the US government.
The information Birkenfeld revealed detailed the inner workings of the secretive private wealth management division of the Swiss bank UBS (UBS), where the American-born Birkenfeld helped his US clients evade taxes by hiding wealth overseas.
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Read more: http://finance.yahoo.com/news/jailed-banker-helped-crack-swiss-142921849.html
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