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taxes of the rich and (in)famous

‘Real Housewives’ Stars Indicted On Bankruptcy, Fraud And Tax Charges

29 July 2013

Two of the stars of the Bravo television show “The Real Housewives of New Jersey” were charged today in a conspiracy to defraud lenders as well as allegedly hiding assets and income during a bankruptcy case. Teresa and Giuseppe Giudice were charged with 39 counts of various fraud charges; Giuseppe has been charged with tax evasion, as well.

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Dolce & Gabbana Say Tax Woes May Force Them To Close

25 July 2013

A month after Dolce & Gabbana was found guilty on tax charges, the pair is fighting back. After closing their stores for three days in protest, the designers are making noise about shutting down for good.

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Footballer Messi May Settle Tax Evasion Case For Millions

27 June 2013

Goaaaaal! Football phenom, Lionel Messi, has reportedly scored in his battle against the Spanish authorities. The Spanish publication, El Periodico, has announced that the FC [entity display="Barcelona" type="organization" active="true" key="barcelona" natural_id="fred/team/90942"]Barcelona[/entity] star has reached an agreement with Spanish tax authorities and will not face tax charges. According to El Periodico, Messi has agreed to pay […]

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Marc Rich, Famous Fugitive & Alleged Tax Evader Pardoned By President Clinton, Dies

27 June 2013

Marc Rich, one of the most famous white collar criminals in recent memory, has died in Switzerland at age 78, as the result of a stroke. Rich became a millionaire before he turned 50 – but not without controversy. The college dropout (he never finished New York University) found a profitable market in trade. By […]

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If It Ain’t About Money (Turns Out It Is): Rapper Fat Joe Headed To Prison For Failure To Pay Taxes

24 June 2013

Rapper Fat Joe will serve four months in prison this fall for failing to pay more than $1 million in federal income taxes. U.S. Magistrate Judge Cathy Waldor issued the sentence today in a Newark federal court, together with a fine of $15,000. It could have been much worse for the 42 year old rapper, […]

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Court Date Set For Messi As Details Emerge On Tax Evasion Charges

20 June 2013

A court date has been set for Spanish football Lionel Messi. The four-time World Player of the Year must appear in a Barcelona court on September 17 to answer to charges of tax fraud. The 26 year old sports phenom, who hails originally from Argentina, made his debut on the world football stage in [entity […]

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Dolce & Gabbana Sentenced To Prison For Tax Evasion

19 June 2013

Are prison stripes the next fall look for Domenico Dolce and Stefano Gabbana? The Italian fashion duo have been found guilty of tax evasion by Judge Antonella Brambilla and sentenced to one year and eight months in prison. Neither Dolce nor Gabbana appeared at the sentencing in Milan and have continued to deny the charges. […]

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Tax Fraud Allegations Against Princess Said To Be Case Of Mistaken Identity

18 June 2013

Spain is making tax news again but not for the right reasons: the Spanish tax authorities now say they made a huge mistake in a high profile tax case. Authorities now claim they have found errors in reports that initially indicated that Princess Cristina, the youngest daughter of King Juan Carlos and Queen Sofia of […]

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Putin On The Blitz: Football Billionaire Says Russian President Took Super Bowl Ring

16 June 2013

The tale of New England Patriots owner and billionaire Robert Kraft and his XXXIX Super Bowl ring has taken a bizarre turn. At Carnegie Hall’s Medal of Excellence gala at the Waldorf-Astoria awards ceremony on Thursday, Kraft discussed the history of the ring, claiming that it was stolen by Russian President Vladimir Putin during a […]

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Did Spanish Taxing Authorities Target Messi To Send A Message To The World?

13 June 2013

A collective gasp went out from the sports world this week when Lionel Messi, together with his father, were accused by Spanish tax authorities of filing fraudulent tax returns for the years 2007-2009. Allegedly, the pair used a series of offshore companies to avoid nearly €4m ($5.3 million U.S.) in taxes attributable to licensing his […]

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