Whistleblower Brad Birkenfeld Gets Record $104M for Exposing How UBS Helped Rich Evade Taxes: The IRS has announced a record $104 million reward to a whistleblower who exposed the largest tax evasion scheme in U.S. history. Former UBS AG banker Brad Birkenfeld first reported in 2007 that he and his colleagues had encouraged rich Americans to store more than $20 billion in offshore Swiss bank accounts and cheat the IRS. But after coming forward, Birkenfeld was prosecuted and convicted of conspiracy and sentenced to prison. Following Birkenfeld's release last month, on Tuesday the IRS vindicated his actions with the largest amount ever awarded under its whistleblower program. We're joined by Stephen Kohn, an attorney for Birkenfeld and executive director of the National Whistleblowers Center.
Published on Sep 12, 2012 by democracynow