Thursday, January 21, 2021

tax evasion

Former Tunisian presidential candidate arrested on money laundering, tax evasion charges

Former Tunisian presidential candidate and media mogul Nabil Karoui has been arrested on charges of money laundering and tax evasion, a Tunis court spokesman said on Thursday. Karoui spent most of last year’s presidential campaign in jail for the same...

Spain’s former King Juan Carlos pays $820,000 tax bill amid financial scandal

King Juan Carlos, Spain’s former monarch, has paid about $820,000 in back taxes, his lawyer said on Wednesday, amid an investigation by prosecutors into whether he and other members of the royal family used bank accounts in other people’s...

U.S Attorney General William Barr allegedly froze tax evasion probe of ex-client Caterpillar – Reuters

Before William Barr became President Donald Trump’s choice to lead the U.S. Department of Justice, he represented Caterpillar Inc, a Fortune 100 company, in a federal criminal investigation by the department. Much was at stake for Caterpillar: Since 2018, the...

Co-owner of New York apparel firm pleads guilty to tax evasion

A Woodsburgh, New York, businessman pleaded guilty on Friday to tax evasion, announced Principal Deputy Assistant Attorney General Richard Zuckerman of the Justice Department’s Tax Division. According to court documents and statements made in court, Irwin Jacobs, 68, was a...

Georgia businessman pleads guilty to paying $15,000 bribe to IRS Agent to reduce taxes

A Georgia business owner has pleaded guilty to attempting to pay over $15,000 in bribe money to an IRS Revenue Agent to reduce his federal taxes. “Rather than pay his taxes like every other law-abiding American, Dauda Saibu attempted to...

Geneva freezes Robert Brockman’s billions over US tax fraud case

The Geneva public prosecutor has blocked over a billion dollars of a US businessman's money in Geneva banks as part of the biggest tax evasion case in US history. The 79-year-old billionaire, Robert Brockman has been accused of tax...

Germany issues international arrest warrant for founders of law firm at the centre of Panama Papers

Germany has issued international arrest warrants for the two founders of the firm at the centre of the tax haven scandal exposed by the Panama Papers data leak, German media reported. Mossack Fonseca founders Juergen Mossack and Ramon Fonseca, suspected of...

Billionaire Robert Smith admits to evading taxes for 15 years

Billionaire Robert Smith has been hailed as a brilliant investor who built Vista Equity Partners into a private equity powerhouse and a generous philanthropist lauded for paying off the student debt of Morehouse College’s entire graduating class last year.     But federal prosecutors...

Billionaire Robert Smith to Pay $140 million after admitting to tax evasion

Billionaire Robert Smith will pay about $140 million and acknowledge wrongdoing to end a four-year U.S. tax investigation involving assets held in offshore tax havens, people familiar with the matter said. Smith, chief executive officer of the private equity firm...

Texas billionaire Robert Brockman charged in $2 billion tax evasion case

Robert Brockman, the Houston billionaire and CEO of a software company, has been charged with taking $2 billion through a scheme to evade taxes, hide assets, and launder money, in what federal prosecutors say is the biggest case of...

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Kyrgyz tycoon, wife changed last names after being placed on U.S. Magnitsky sanctions list

The former deputy chief of Kyrgyzstan's Customs Service, Raimbek Matraimov, has changed his last name after being placed on...
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