In the News

January 6, 2010 (New York Daily News). Barack Obama, who entered the White House promising all this change, should be hailing Bradley Birkenfeld as a modern-day hero. He should erect a statue on Wall Street for this former banker for Swiss giant UBS who blew the whistle on the biggest tax-evasion scheme in U.S. history. […]

MIAMI (AP) — The key whistleblower in the tax evasion investigation of Swiss bank UBS AG claimed in a complaint Tuesday that prosecutors made false statements to a judge who sentenced him to prison. Attorneys for informant Bradley Birkenfeld asked for an in internal Justice Department investigation and said the “inaccurate, misleading and incomplete” allegations […]

January 4, 2010 (Tax Notes). Sudden changes are seldom witnessed in the tax world. History teaches that for every brilliant tax reform proposal, there is a well-organized lobby seeking to preserve the status quo. Consider offshore tax evasion. For decades policymakers have decried the ability of Americans to illegally shelter assets offshore while failing to […]

MIAMI (Reuters) – A U.S. judge on Monday upheld the prison sentence of a key informant in the tax fraud case against Swiss bank UBS AG and ordered him to start serving his 40-month term as scheduled this Friday. The ruling by Fort Lauderdale Federal Judge William Zloch ignored both public and legal pleas for […]