One man puts a dent in tax evasions

October 26th, 2009

Bradley Birkenfeld, who used to help wealthy Americans hide millions from the IRS for a Swiss bank, turned informant and triggered a crackdown on tax cheats.

Los Angeles Times

Swiss banker Bradley Birkenfeld would do just about anything for the wealthy Americans who entrusted him with millions of dollars they wanted to hide from the Internal Revenue Service.

He’d help them set up phony companies to conceal their deposits. He’d give them credit cards to access their hidden cash. On one occasion, he converted a U.S. client’s money into diamonds, then smuggled the gems across the Atlantic in a toothpaste tube.

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