A former UBS banker who provided information on the firm’s vast business of helping wealthy Americans hide their
assets from the Internal Revenue Service has received a $104 million whistleblower reward, which his lawyers said was the largest in U.S. history.
Bradley Birkenfeld’s tips helped pave the way for a 2009 settlement between the U.S. government and UBS (UBS) under which the bank agreed to pay $780 million in penalties and turn over the account information of thousands of U.S. clients.
Great coverage CNN!
Here’s the real story, from The Daily Mail.
The guy was in prison for…… Tax evasion!