He is serving the equivalent of a life sentence for his tax evasion and tax fraud convictions. Though he was only sentenced to 13 years in federal prison, that should more or less be the end for the 80 year old tax evader.
Only it isn’t. A federal judge has sentenced him to an additional 11 months in prison for 15 contempt citations during his trial – 15! At this rate, he may make 100 in prison.
One couple, two pleas. In a day that had many on the Hill glued to their seats, former U.S. Rep. Jesse Jackson Jr. and his wife, former Chicago Alderman Sandra Stevens Jackson, both pleaded guilty to federal charges related to campaign fund abuse. At the start of the day, Jackson Jr. told U.S. District Robert…
Last week, Gottfrid Svartholm was arrested. Again. If that name rings a vaguely Scandinavian bell, it’s because he’s the co-founder of Pirate Bay. Pirate Bay, founded less than 10 years again in Sweden, made news over the past ten years for its controversial – and generally illegal – file-sharing practices. Specifically, Svartholm and his co-founder…
Guilty. It’s a word that former Detroit Mayor Kwame Kilpatrick heard 24 times today. A former political star, Kilpatrick became the youngest person elected to mayor of Detroit in 2001; he was 31 years old at the time. Detroit residents had high hopes for the new mayor. The city, which had seen its share of…
Did Jacqueline Laurita and Caroline Manzo turn Teresa Giudice into the IRS? That was the basis of allegations made on the Real Housewives of New Jersey. Whether Laurita & Manzo had their “revenge tax” isn’t clear but taxpayers often contemplate their own “revenge tax.” Here’s what you need to know.
When you hear the words “abusive tax shelter,” you tend to think about large scale operations a la KPMG. But that may be changing. Recently, a federal judge has ruled that groups that distribute materials claiming that people have a right not to pay federal income taxes (so-called “tax protestors”) are doing little more than…
A Pennsylvania woman has lost her home for little more than the cost of a Starbucks Frappuccino.