”In what reportedly is the largest federal payout in U.S. history under any legal framework, the Internal Revenue Service has confirmed that it has paid a $104 million whistleblower award to a former investment bank employee. The award came four years after the employee cooperated with IRS investigators who were investigating tax evasion by the employee and his investment bank employer over a period spanning 2000 to 2007 through Swiss bank accounts.
”The now-former employee spent three years in prison after he pleaded guilty in 2008 to helping one of his clients evade taxes. He remains under house arrest for another several months.” Source: JacksonLewis.com |
13 September 2012
• IRS Awards $104 Million to Guilty Whistleblower
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