Tax Whistleblower Blog

Another UBS Client is Indicted

http://www.RewardTax.com has just learned that another American client of UBS has been indicted for having a secret Swiss bank account maintained by UBS.  This marks the the third UBS client to be indicted for a similar offense this year.  Jeffrey Chernick was charged in Florida with using UBS to evade U.S. taxes.  He is expected to plead guilty to one count of tax fraud for filing a false tax return for 2007.  The indictment of this individual and the larger UBS summons enforcement case, which has attracted national headlines for almost a year is the product of a claim filed under the Tax Whistleblower Reward Program.