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Archive for the ‘taxes of the rich and (in)famous’ Category

August 22nd, 2008

Girls Gone Wild Founder Files Civil Suit

Joe Francis has spent his life duping young girls into flashing their breasts in front of a camera. Now, he’s claiming that he’s the one that’s been duped.
As previously reported, Francis is facing a trial in September on federal charges, including tax evasion. The fed allege that Francis claimed over $20 million […]

By Kelly -- 1 comment

August 12th, 2008

Who Wants to Raise Taxes? Bueller…? Bueller….?

Ben Stein may be known best by my generation knows as the best as the economics teacher in the movie Ferris Bueller’s Day Off (”Bueller…. Bueller….?). But he is also an attorney, former presidential speechwriter (for Nixon and Ford) and regular newspaper columnist for the New York Times.
Stein’s political beliefs generally tilt towards the […]

By Kelly -- 11 comments

July 26th, 2008

“Spam King” Saga Reaches Sad Conclusion

The long saga of the notorious “Spam King”, Edward Davidson, ended on a sad note this weekend. The bodies of Davidson, his wife and young daughter were found in Davidson’ SUV, the result of an apparent murder-suicide.
Federal authorities had been searching for Davidson since the beginning of the week when he literally walked away […]

By Kelly -- 1 comment

July 25th, 2008

“Girls Gone Wild” Founder Claims Ignorance - Mmm, Yeah?

Joe Francis, the rich and troubled founder of Girls Gone Wild, has pleaded not guilty to two counts of federal tax evasion. He claims that he was the victim of a scheme by his accountant to profit from the IRS whistleblower program.
The indictment alleges that Francis claimed over $20 million in phony business […]

By Kelly -- 3 comments

July 16th, 2008

Channeling Tori Spelling

Image details: "sTORI Telling" Book Launch Cocktail Party - Arrivals served by picapp.com
As excited as I am about the upcoming premiere of “90210″ (and no, I am not embarrassed to say that there’s not an episode of the old one that I haven’t seen), I am a bit perplexed as to why my readers are […]

By Kelly -- 1 comment

July 16th, 2008

Samsung Blues

And I thought Wesley Snipes got off easy… A South Korean court has found former Samsung Chair Lee Kun-hee guilty on tax evasion and securities law violations stemming from transactions allegedly orchestrated on Samsung’s dime - but he escaped jail time.
The 66 year old Kun-hee was accused of avoiding more than $112 million of […]

By Kelly -- 0 comments

July 8th, 2008

IRS to Nederlander: Not Master of Your Own Domain

It has not been a good year for Eric Nederlander.
Nederlander is probably best known as the guy that Jessica Sklar married for a few weeks before she left him to marry Jerry Seinfeld (ouch). Nederlander rebounded and subsequently married child psychologist Lindsay Kupferman. The two had a baby in 2007 and […]

By Kelly -- 0 comments

July 5th, 2008

“Crocodile Dundee” Actor Investigated on 2 Continents

Image details: The 46th Annual TV Week Logie Awards served by picapp.com
Paul Hogan, who rose to prominence in the 1980s as “Crocodile Dundee”, feels pretty important these days. He is being pursued by the Australian Tax Office and the Internal Revenue Service for moneys allegedly owed.
Hogan estimates that he has paid the ATO $100 […]

By Kelly -- 2 comments

July 4th, 2008

Judges Gives Wesley Snipes “OK” to Travel

A federal judge has granted Wesley Snipes’ request to travel overseas while he waits the outcome of his appeal.
Snipes had requested to go to London to sit in on the editing process for his new horror flick Gallowwalker and to fly to Bangkok to film the action thriller Chasing the Dragon. The prosecution argued […]

By Kelly -- 0 comments

July 2nd, 2008

IRS Seeks Info on US Taxpayers Hiding Income

The Department of Justice issued a press release on Monday advising that it has filed court papers to allow the IRS access to request information from UBS AG about US taxpayers who may be using Swiss bank accounts to evade federal income taxes.
The Times had previously reported that UBS might reveal up to 20,000 […]

By Kelly -- 0 comments