IRS Pays $104 Million to Whistleblower

Washington Post
September 11, 2012

The IRS has awarded the largest whistleblower award in history — $104 million — to a former UBS banker who gave information that helped expose a $20 billion offshore banking scheme, the whistleblower’s lawyers said Tuesday.

Bradley Birkenfeld, the whistleblower, “provided information on taxpayer behavior that the IRS had been unable to detect,” the agency said in granting the award.

“The IRS today sent 104 million messages to whistleblowers around the world — that there is now a safe and secure way to report tax fraud and that the IRS is now paying awards,” Mr. Birkenfeld’s lawyers said in a statement. “The IRS also sent 104 million messages to banks around the world — stop enabling tax cheats or you will get caught.”

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This article was posted: Tuesday, September 11, 2012 at 10:14 am

Tags: domestic news, financial

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