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Whistleblower Brad Birkenfeld Gets Record $104M for Exposing How UBS Helped Rich Evade Taxes

1d ago
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DemocracyNow.org - 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. To watch the entire weekday independent news hour, read the transcript, download the podcast, search our vast archive, or to find more information about Democracy Now! and Amy Goodman, visit http://www.democracynow.org. FOLLOW DEMOCRACY NOW! ONLINE: Facebook: http://www.facebook.com/democracynow Twitter: @democracynow Subscribe on YouTube: http://www.youtube.com/democracynow Listen on SoundCloud: http://www.soundcloud.com/democracy-now Daily Email News Digest: http://www.democracynow.org/subscribe Google+: https://plus.google.com/u/0/b/103921569965875005933 Please consider supporting independent media by making a donation to Democracy Now! today, visit http://www.democracynow.org/donate/YT