Saturday, September 18, 2021

tax fraud

Portuguese art collector Joe Berardo detained in money laundering, tax fraud probe

Portuguese art collector Joe Berardo, who was once one of the country's richest men and showcased major works by Miró and Mondrian in his own museum, was detained by the police on Tuesday in an investigation of money laundering...

Nigeria blocks MultiChoice accounts over alleged $4.4 billion tax fraud

The Federal Inland Revenue Service (FIRS) has engaged some commercial banks as agents to freeze and recover N1.8 trillion ( $4.4 billion) from accounts of MultiChoice Nigeria Limited And MultiChoice Africa. This is contained in a statement issued by Abdullahi Ahmad,...

President of soccer club Benfica detained in tax fraud probe

Luis Filipe Vieira, the president of Portugal’s biggest football club Benfica, was detained on Wednesday, public broadcaster RTP said, as part of an investigation into alleged tax fraud and money laundering. Without naming Vieira, the public prosecutors’ office said in...

Former U.S President Trump’s company, longtime CFO Weisselberg charged with tax fraud

Manhattan District Attorney Cyrus Vance has charged former President Donald Trump's company, the Trump Organization, and his longtime CFO Allen Weisselberg with tax fraud, according to an indictment unsealed Thursday in New York. The charges are the first brought by New York prosecutors in...

Italian police probe DHL’s subsidiary for tax fraud

Italian tax police have seized assets worth more than 20 million euros ($24 million) from the local unit of logistics giant Deutsche Post DHL (DPWGn.DE) as part of a fraud investigation, a judicial document seen by Reuters showed on Monday. Deutsche Post...

Former private bank M.M. Warburg banker jailed in German tax fraud scandal

A former executive at private bank M.M. Warburg on Tuesday became the first banker to be jailed over a multi-year scam to bilk the German state of billions of euros by filing bogus claims for tax rebates on stock...

Chile sentenced former senator Jaime Orpis to five years in prison for tax fraud

Former conservative Senator Jaime Orpis has been bestowed Friday with the dubious honour of becoming Chile's first-ever politician to be handed down a jail sentence for his involvement in acts of corruption. Orpis, of the ultra-conservative Independent Democratic Union (UDI)...

Hunter Biden says he is facing federal tax probe

The Justice Department is investigating the tax affairs of President-elect Joseph R. Biden Jr.’s son Hunter, he disclosed in a statement on Wednesday. The investigation is being led by the U.S. attorney’s office in Delaware. It was opened in late...

IRS uncovers $2.3 billion fraud in 2020 across 1600 investigations

The IRS uncovered $2.3 billion in tax fraud during the 2020 fiscal year, according to an annual report released by the agency on Monday. The Criminal Investigation Division of the IRS said in its report that its current priorities include Covid-19-related fraud,...

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...

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Kenyan court sentenced former sports minister to six years for corruption

A Kenyan court on Thursday sentenced a former sports minister to six years in prison after finding him guilty...