BUSINESS

UBS Bank Accounts: More Than 7,500 Americans Come Forward About Secret Foreign Accounts

03/18/2010 05:12 am ET | Updated May 25, 2011

Faced with a Thursday midnight deadline to avoid possible prosecution, more than 7,500 Americans have come clean about secret foreign bank accounts, a senior IRS official said in an interview for broadcast tonight on "ABC World News with Charles Gibson."

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