The Wall Street Journal

Whistleblowers Who Defied Credit Suisse Are About to Share Up to $150 Million

Former employees set to strike it rich for telling U.S. authorities Credit Suisse wasn’t living up to its promise to block tax evasion

A Credit Suisse unit agreed this week to pay $511 million for not meeting the terms of a 2014 settlement with U.S. authorities.
A Credit Suisse unit agreed this week to pay $511 million for not meeting the terms of a 2014 settlement with U.S. authorities. Photo: Fabrice Coffrini/Agence France-Presse/Getty Images

A decade ago, Credit Suisse pleaded guilty to helping Americans evade taxes by stashing cash and assets overseas and pledged to stop doing so.

Now former bank employees collectively stand to make up to $150 million for quietly telling U.S. authorities that Credit Suisse wasn’t living up to its promise. 

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