Fugative bank clerk outs US criminal elite

Hienrich Kieber broke the laws of his country Liechenstien. In doing so he became a fugitive, but he also busted America's super rich in the process.

Now in hiding in a "secret" location and scheduled to testify before the Senate Permanent Subcommittee on Investigations on Thursday.

Kieber was a disgruntled employee not a hero, and he sold the information--three data CD's full of it to tax authorities in 12 countries. He got payed.

His lawyer Jack Blum describes him as a hero, but he's just another criminal. Whistle Blowers do it because it's right, Kieber did it for a paycheck.

But the result of his acts of criminal sedition is busting up an even bigger ring of criminals. The super rich, who would prefer not to pay the taxes they are required to by law.

German authorities who payed handsomely for the information have already arrested several prominent CEO's.

So did American authorities. But will it matter? That depends on what charges if any the Subcommittee sees as viable. Kieber handed this information over 5 years ago. The statute of limitations on tax evasion is 6 years, but failure to supply information is only 3 years and the statute for false statement is 5 years.

The US is the last country to act on these tips, and the clock is ticking.

For the super rich who have been hiding there money to avoid paying their taxes in LGT bank the clock is ticking and the Senate isn't known for moving quickly unless it's in their interests to do so.

Busted? maybe not. The Subcommittee operates in private so we may never know.

Former USB banker, Bradley Birkenfeld has agreed to a plea deal and is co-operating with authorities to bring charges against American tax evaders.

There are provisions to extend the statute of limitations by 9 months, in specific cases.