The end of a lot of people getting rich and doing shady deals. I wonder who is going to appear on this list:
QUOTE |
Swiss Banking Accounts WASHINGTON (AP) - Swiss banking giant UBS AG agreed Wednesday to turn over to the IRS the details of 4,450 accounts suspected of holding undeclared assets by American customers, ending an intense trans-Atlantic legal fight. Ref. USAToday |
International Level: International Guru / Political Participation: 3232 100%
Why Is the Whistleblower Who Exposed the Massive UBS Tax Evasion Scheme the Only One Heading to Prison?
A former banker for the Swiss giant UBS who blew the whistle on the biggest tax-evasion scheme in US history is preparing to head to prison tomorrow to begin serving a forty-month federal sentence. Bradley Birkenfeld first came forward to US authorities in 2007 and began providing inside information on how UBS was helping thousands of Americans hide assets in secret Swiss accounts. We speak with his attorney, Stephen Kohn, the executive director of the National Whistleblowers Center. Ref. Source 1