Bradley Birkenfeld - Voluntary Disclosure on U.S. Tax Evasion Scheme Conducted by UBS lyrics

VOLUNTARILY PROVIDED UNPRECENDENTED INSIDE INFORMATION TO THE U.S. GOVERNMENT REGARDING THE ILLEGAL ACTIVITIES COMITIED BY UBS • What UBS was doing, how they were doing it, how long and how they concealed it; • Detailed the UBS private banking offices involved: Geneva, Lugano & Zurich; • All the UBS private bankers involved: full names, phone numbers, UBS internal codes, Cities; • Insisted that the DoJ, IRS, SEC match the entire phone list with US Homeland Security as all of the UBS private bankers (Swiss citizens) were required to be fingerprinted and retinal scanned; • The names of all the UBS senior executives involved in the US offshore business; • The total number of US accounts opened and maintained by UBS in Switzerland (19,000); • The total a**ets in the US accounts acquired and invested by UBS in Switzerland (CHF 20 billion); • The total revenue on US accounts generated by UBS in Switzerland ($200 million/year); • The UBS internal accounting breakdown of a**ets and revenue by sector, cla**, month; • The cities, hotels, length of stay and frequency that UBS private bankers travelled to the US and the number of existing and prospective client meetings took place during these trips; • Detailed the differentiation of groupings of clients by a**et size: Key Clients ($25 million and above), High Net Worth Clients ($10-25 million), Core Clients ($2-10 million) and Ma** Affluent Clients ($1-2 million). Different pricing and service depended upon the level of client; • Detailed the various techniques by UBS private bankers to indicate pleasure vs business on entering the US Customs, rotating hotels to conceal identity, code names for clients, business cards with "Wealth Management" removed, PDA's with hidden data, FedExing portfolios etc; • Advised authorities on how to best apprehend the highest number of UBS private bankers as they entered the USA, in order to maximize law enforcement efforts; • Provided UBS's strategy of utilizing IBM encrypted laptops with investment products and client portfolios to bring information into the USA; • Provided the two main offsite centers for annual conferences of all the UBS bankers from Zurich, Geneva and Lugano. These meetings covered a range of topics from investment products, account pricing, marketing, client referrals, vip events, motivational speakers etc. Outside Zurich was the Wolfsberg complex, outside Geneva was the Montreux Palace Hotel; • Detailed UBS private bankers were not licensed to sell/advise US clients on investments, which was clearly highlighted on the UBS Fund Facts brochure; . Detailed the methods of getting product information and client statements into the US by overnight courier rather than carrying the actual documents (TNT, DHL, FedEX etc.); • Provided the UBS written counter-surveillance case study techniques that management utilized to train their private bankers when entering the USA to visit existing and prospective clients; • Provided the internal UBS 3 page intranet Cross-Border policies (November 2004) and provided the updated internal UBS 10 page intra net Cross-Border policies (July 2007); • Provided my whistleblowing written complaints with Peter Kurer and UBS senior executives regarding the illegal practices of the US cross-border business (March 2006); • Provided a variety of international media articles that addressed the legal consequences of having an undisclosed bank account offshore and the advantages/penalties of doing so; • provided extensive internal UBS documentation, memorandums, power-point presentations, emails, literature, policies and brochures to corroborate all of my sworn testimony; • Provided relevant and current internal UBS updates and documents (after I left UBS) from Switzerland by making phone calls from multiple pay phones, facsimiles from a variety of hotels and sending FedEx's from a host of international cities; • Made multiple trips from Geneva to Zurich, Zurich to Boston, Boston to Washington to meet with the DOJ, IRS, SEC and US Senate (2006 and 2007) to provide extensive internal documentation, sworn testimony and specific strategies on UBS's US offshore business; • Provided essential inside information regarding the "Qualified Intermediary Agreement' and how it was being circumvented by UBS as well as detailing the weaknesses of a "John Doe Summons" being served on UBS for the US offshore business; • provided the specific information to the US authorities that was essential to filing the "John Doe Summons" and entering into the "Deferred Prosecution Agreement' that yielded historic results; • The Senate Subcommittee on Investigations never would have had hearings regarding UBS if it were not for BCB (according to the statement made by the subcommittee's chief investigator, Bob Roach). All UBS exhibits (#84-94) in the US Senate hearing of July 17, 2008 were provided by BCB in 2007; • Requested to be electronically wired in Switzerland and offered to work out of a special office at the DOJ offices in Washington, DC to a**ist in this complex investigation; • Provided the names of other bankers working at Swiss institutions actively providing this crossborder business to US clients