Posted by Richard Garcia on December 24, 2016 - 5:59pm Edited 12/24 at 6:05pm

Bradley Birkenfeld blew the lid off the darkest secret in banking: how offshore banks enabled the ultra-wealthy to commit tax fraud in the billions of dollars. But it was a stinging betrayal by his own firm, UBS, that led him to come forward — and expose offshore banking as a system rigged for the ultrarich. His initial reward? A jail term. But his testimony helped the U.S. Treasury recover $15 billion in back taxes, fines and penalties — and forever ended offshore banking as we know it. After 30 months in prison, Birkenfeld’s vindication came in the form of the largest IRS whistleblower award in history: $104 million.

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