 | A major contributor to this section appears to have a close connection with its subject. (April 2020) |
Bradley Birkenfeld | |
|---|---|
| Born | Bradley Charles Birkenfeld February 26, 1965 Brookline, Massachusetts, U.S. |
| Alma mater | Norwich University American Graduate School of Business |
| Occupation | Private banker |
| Known for | 2007 Birkenfeld Disclosure |
| Criminal charge | Conspiracy to defraud the United States |
| Criminal penalty | 40 months at the FCI Federal Penitentiary and US$30,000 fine |
Bradley Charles Birkenfeld (born February 26, 1965) is an American private banker, Author of Lucifer's Banker, convicted felon, and whistleblower. During the mid- to late-2000s, he made a series of disclosures about UBS Group AG clients, in violation of Swiss banking secrecy laws, to the U.S. government alleging possible tax evasion.[1][2] Known as the 2007 "Birkenfeld Disclosure", the U.S. Department of Justice (DOJ) announced it had reached a deferred prosecution agreement with UBS that resulted in a US$780 million fine and the release of previously privileged information on American tax evaders.[3][4]
In the United States, he was convicted by the DOJ for a single charge of fraud conspiracy and served 40 months in a federal penitentiary from 2010 to 2012 with a fine of $30,000. After he applied for whistleblower status and protection, the Internal Revenue Service (IRS) awarded him a settlement of $104 million through their Whistleblower Office.[5]
- ^ Browning, Lynnley (10 November 2008). "Indictments Said to Be Possible in UBS Inquiry". The New York Times. Retrieved 16 September 2013.
- ^ Hilzenrath, David S. (10 November 2008). "U.S. Given A Look at Swiss Bank Accounts". Washington Post. Retrieved 16 September 2013.
- ^ Baxter, Brian. "UBS to Pay $780 Million Fine in Tax Case Settlement". American Lawyer. Retrieved 16 September 2013.
- ^ "UBS Enters into Deferred Prosecution Agreement: Bank Admits to Helping U.S. Taxpayers Hide Accounts from IRS; Agrees to Identify Customers & Pay $780 Million". U.S. Department of Justice. 18 February 2009. Retrieved 16 September 2013.
- ^ Laura Saunders and Robin Sidel (September 11, 2012). "Whistleblower Gets $104 Million". The Wall Street Journal.