IRS gives $1.1 million to Whistleblower at Enron

The whistleblower who revealed the tax fraud at Enron is in for a big pay day. The IRS Whistleblower Office will be giving him or her $1.1 million. Unfortunately for the whistleblower, this payout is under older rules that give less money. Today, if you blow the whistle and the IRS recovers over $2 million, you can get up to 30% of the recovered money. According to the whistleblower’s firm, Phillips & Cohen, this person wishes to remain anonymous, but we do know that he or she is a Wall Street banker.

Read more at MSN:http://money.msn.com/tax-tips/post.aspx?post=d776e6a3-2464-43a1-8a97-250b9a875b6a

Leave a Reply

Your email address will not be published. Required fields are marked *