FIRST AIRED: October 9, 2018

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00:00:00
Bradley Birkenfeld isn't afraid of the limelight WBS employee turned whistleblower to expose a scheme to funnel cash from wealthy customers to Switzerland bypassing the tax man UBS set up this whole mechanism across the world thousands of bankers billions of euros in after , his book about the case to willow as representing UBS offers seven year investigation Switzerland's largest bank it's French units and six top executives are on trial judges in please aggravated tax fraud and money laundering as well as a legally soliciting clients since prawns went out on a level I think there's been a loss in the media everyone knows what we are being accused of who will defend ourselves and demonstrate that none of it has been established the French trial follows a similar legal process in the United States UBS agreed to pay seven hundred and eighty million dollars in a settlement in Germany it was fine three hundred million euros look what happened in America with the innocent dead no they wanted seven hundred eighty million dollars gave up four thousand seven hundred clients so now France is having a child this is justice fell cents to two and a half year sentence up to the US government said he withheld information but a month after his release in twenty twelve he was awarded more than a million dollars by US tax authorities did not choose to testify in the Paris case he has called the stiff penalties if convicted the banks faces fines of up to five billion euros executive could be jailed for up to ten years