Friday, November 27th, 2009   7:14 am | Author: Tony | Life, Money, Politics/Government | Add Comment
Tags: Birkenfeld, tax cheats, whistleblower
Isn’t this a great country?
Where else can you help defraud the government for hundreds of millions of dollars and then turn around get yourself the best lawyer around and claim that you are owed billions of dollars?
Meet Bardley Birkenfeld, former banker at UBS.
Birkenfled helped his rich clients hide millions of dollars offshore evading U.S. taxes.
He was caught and prosecuted and is to begin his 40 month sentence early next year.
But when he gets out he may be a very rich man. Maybe he will make the Forbes richest Americans list when he is released.
As the NYT reports Birkenfeld decided to work with the government and exposed UBS’ tax evasion techniques. The government decided to offer amnesty to Americans who pay their back taxes and penalties. As a result of a settlement with UBS the names and accounts of over 4,000 UBS clients were turned over to the government. The ..continue reading