WSJ-STRIB - A USB AG Swiss banker, Mr. Bradley Birkenfeld, at long last was awarded a fat purse of $104 million for whistleblowing on U. S. citizens who maintained secret accounts in the Swiss Bank. Federal prosecutors worked with Birkenfeld since 2007 collecting data and since that year, 30,000 U. S. taxpayers have owned up to undeclared overseas accounts and have settled for more than $5 billion in taxes and penalties. Mr. Birkenfeld was one of the 30,000 snagged.
He ran tax-evasion errands for clients and was also caught trying to hide undeclared diamonds in his toothpaste tube when entering the U. S. He was sentenced to 40 months in prison and is now serving the tail-end of the sentence in home confinement. If you don't mind spending the rest of your life being classed a felon, it's still a tough way to make your millions. $104 million may seem like a lot of money to award a felon, but after all, his information has snared over $5 billion and still counting for the Feds.
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