The Tax Fraud Blog – Qui Tam Attorneys

Bradley Birkenfeld, the former banker who blew the whistle and helped uncover the largest tax fraud scheme to date came forward last month with additional information. Birkenfeld is now claiming that U.S. politicians took advantage of the same Swiss bank account scheme as many of the country’s executives.

Birkenfeld is currently serving a 40-month term in federal prison for his part in the UBS tax evasion scheme. Although he blew the whistle on the scam, federal prosecutors claim that he withheld important information about his own dealings.

From prison, he alleged over the phone that only the bank’s top executives knew about what they called the PEP Office (Politically Exposed Persons) for politicians who were seeking to store undisclosed money away in Swiss bank accounts. Birkenfeld alleges that the New York based “referral desk” that steered many rich Americans to the Swiss branch of UBS also served political clients whose names have not been revealed.

Birkenfeld’s lawyers are currently seeking clemency from President Obama on the ground of Birkenfeld’s importance in uncovering the largest tax evasion scheme in American history.