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- Sen. Tom Coburn vows to slow down budget-busting bills ahead of recess
- Obama fantasizes about more executive power, signs new order on federal contractors
- Clintons call Klein, Halper, Kessler ‘a Hat Trick of despicable actors’: report
- Boehner accuses Obama of ‘legacy of lawlessness’
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- Stabbing attack on transgender girl, 15, was ‘bias motivated,’ police say
- LGBT adults still lean overwhelmingly toward Democratic Party
- Lawmakers rattled by Syria genocide horrors, call on Obama to act
By Ted Cruz
Israel saves its enemies; Hamas endangers its friends
Topic - Brad Birkenfeld
The IRS awarded the largest whistle-blower award in history — $104 million — to a former banker who gave information that helped expose a $20 billion offshore banking scheme, the recipient's attorneys said Tuesday.
The "single most important event" in cases where ordinary citizens step forward to reveal fraud and corruption, according to Stephen Kohn, is "who you blow the whistle to and what you say."
A former banker who provided key assistance in the U.S. tax evasion probe of Swiss banking giant UBS AG reported to prison Friday and said his cooperation should have earned him the federal government's gratitude, not time behind bars.
Birkenfeld admitted helping clients hide hundreds of millions of dollars and evade U.S. taxes.
Bradley Birkenfeld, 44, a former private banker for UBS, said his whistle-blowing exposed "the largest tax fraud in the world" and allowed the Internal Revenue Service to recover billions of dollars in lost revenue.