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  1. Wealth
January 4, 2010

NYT: UBS whistleblower appealing sentence

By Spear's

The Justice Department is weighing whether to ask a federal judge to reduce the jail sentence of a former UBS banker who was a main figure in a wide-ranging tax evasion case against wealthy American clients, a person briefed on the matter said.

The Justice Department is weighing whether to ask a federal judge to reduce the jail sentence of a former UBS banker who was a main figure in a wide-ranging tax evasion case against wealthy American clients, a person briefed on the matter said.

On Friday, the former banker, Bradley C. Birkenfeld, is scheduled to begin a jail term of three years and four months, several years after he began revealing the details of secret offshore private banking accounts set up by UBS to help clients avoid taxes.

A legal motion filed last week by Mr. Birkenfeld’s lawyers asked Judge William J. Zloch of Federal District Court in Fort Lauderdale to postpone the start of his prison term, saying that he was ready to further cooperate with the authorities in their pursuit of tax cheats.

Prosecutors are weighing the request, according to a senior government official briefed on the matter.

To read the full story, visit nytimes.com

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