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<title>Bradley Birkenfeld - Whistleblower Law Blog</title>
<link>http://whistleblower.labovick.com/articles/federal-taxes/</link>
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<copyright>Copyright 2010</copyright>
<lastBuildDate>Wed, 26 Aug 2009 04:34:42 -0500</lastBuildDate>
<pubDate>Thu, 15 Jul 2010 15:38:44 -0500</pubDate>
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<title>Whistleblower and former UBS Banker sentenced to 40 months in prison for role in tax scam</title>
<description><![CDATA[<p><img height="57" hspace="5" width="150" align="left" vspace="5" border="5" alt="" src="http://whistleblower.labovick.com/uploads/image/ubs logo.jpg" />Former UBS&nbsp;Banker, Bradley C. Birkenfeld was&nbsp;recently sentenced to 3 years and 4 months in prison for assisting a client at UBS to evade taxes. However, due to Mr. Birkenfield's assistance, the government was&nbsp;successful in reaching the <a href="http://ca.news.finance.yahoo.com/s/18022009/2/biz-finance-ubs-pay-780-million-open-secret-swiss-bank.html">February settlement of UBS agreeing to pay $780 million&nbsp;in fines, penalties,&nbsp;and restitution&nbsp;relating to&nbsp;tax fraud. </a></p>
<p>In response to the sentencing of Bradley Birkenfeld, <a href="http://www.labovick.com/lawyer-attorney-1237397.html">Qui tam Attorney Brian F. LaBovick, Esq</a>. stateted the following:</p>
<blockquote>
<p>&quot;This is a major issue within the Qui Tam paradigm. I recognize that Mr. Birkenfeld was likely a bad actor and that the government had a good reason to hold him accountable for his part in the fraud. But in the context of how terrible whistleblowers are treated post service of process; this is another good reason why people &quot;in the know&quot; may fail to come forward to report fraud. Without bad actors looking for a &quot;pay day&quot; literally billions of dollars will be lost to the intricate fraudulent schemes created in the wake of big government contracts with dishonest vendors and service suppliers.</p>
</blockquote><blockquote>
<p>I am deeply troubled by this prosecution. Had this occurred in a criminal context, the results would have been different. Seldomly are we able to&nbsp;combat and&nbsp;bring down&nbsp; organized crime rings without the help of the criminals who are given&nbsp;an immunity deal from the government.&quot;</p>
</blockquote>
<p>The case,&nbsp;<a href="http://www.usdoj.gov/tax/John_Doe_Memo_Supporting_Exparte_Petition_UBS_AG.pdf">U.S. v. Birkenfeld, 08-cr-60099, </a>U.S. District Court, Southern District of Florida, occured in&nbsp;Fort Lauderdale, Florida. Sadly enough, the&nbsp;support from U.S. Senator Carl Levin of Michigan, representatives of the Securities and Exchange Commission and IRS, did not help to give&nbsp;Mr. Birkenfeld leniency in his sentencing. One can only hope, that this will not deter other whistleblowers from coming forward and working with the government to report fraud against the government.&nbsp;</p>
<p>Click on the following to&nbsp;learn more on&nbsp;the <a href="http://www.bloomberg.com/apps/news?pid=20601127&amp;sid=aqRUmD2LzH.E">UBS Tax Fraud sentencing of Whistleblower&nbsp;Birkenfield </a>or the <a href="http://www.usdoj.gov/opa/pr/2009/August/09-tax-831.html">DOJ's release on the former UBS Banker being sentenced </a>to prison.</p>]]></description>
<link>http://whistleblower.labovick.com/2009/08/articles/federal-taxes/whistleblower-and-former-ubs-banker-sentenced-to-40-months-in-prison-for-role-in-tax-scam/</link>
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<category>Bradley Birkenfeld</category><category>Brian LaBovick</category><category>Federal Taxes</category><category>Fraud&quot;</category><category>Tax</category><category>U.S. v. Birkenfeld, 08-cr-60099</category><category>UBS</category><category>Whistleblower Legal News</category>
<pubDate>Wed, 26 Aug 2009 04:34:42 -0500</pubDate>
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