Tuesday, September 11, 2012

Jailed UBS Employee Gets $104 Million From IRS For Exposing Swiss Bank Account Holders

Just in case there wasn't enough excitement and fury directed at Swiss bank account holders, which continue to dominate the presidential election "debate" above such mundane topics as the economy, or, say, reality, here comes the IRS, which as we noted yesterday collected $192 billion less than the government spent in the month of August alone, and have awarded Bradely Birkenfeld, a former UBS employee who in 2008 pleaded guilty to conspiracy to defraud the United States and was sentenced in 2009 to 40 months in prison, but received preferential whistleblower status after a prior arrangement to expose numerous Americans with Swiss bank accounts, has just been awarded $104 million.

http://www.zerohedge.com/news/jailed-ubs-employee-gets-104-million-irs-exposing-swiss-bank-account-holders

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