Tax crime doesn’t pay — coverage of tax fraud, evasion, and financial crime prosecutions, and what they mean for the rest of us.
FC Barcelona superstar Neymar da Silva Santos Júnior, known to most of the world simply as Neymar, has been ordered by a Brazilian court to pay a €100,000 ($109,374 US) fine for unpaid taxes.
The executors of Helmsley’s estate have submitted a bill for services rendered totalling $100 million. The Office of the Attorney General of New York has stepped in to challenge the bill, claiming that more of the estate of the former “Queen of Mean” should go to charity.
FC Barcelona’s tax troubles continue as Javier Mascherano has pleaded guilty to two counts of tax fraud and has been sentenced. His teammate, Ballon d’Or winner Lionel Messi, still awaits trial on tax charges.
Fashion designer Karl Lagerfeld is reportedly being investigated on allegations of tax evasion in France.
Months after Volkswagen admitted that it had sold up to 11 million cars worldwide fitted with software designed to produce favorable and flawed emissions tests, German prosecutors have announced an investigation into whether the deception also constituted tax evasion. Up to 11 million cars worldwide were fitted with the software including the Audi A3 (2009-15), VW…
Tax laws don’t apply to us. That was the mantra of Ronald and Dorothea Joling of Coquille, Oregon, after self-study. The married couple subsequently “engaged in a shameless scheme to defraud the United States and to evade payment of $1.2 million in federal taxes,” according to Assistant U.S. Attorney Scott E. Bradford. How did Joling…
“Real Housewives of New Jersey” stars Joe and Teresa Giudice managed to avoid foreclosure on their 10,000-square-foot Towaco mansion when the couple finally caught up on a slew of missed mortgage payments. They haven’t, however, settled up yet with Uncle Sam. As a result, the Internal Revenue Service (IRS) has filed a $551,563 tax lien…
Earlier this year, a federal grand jury handed down a 23 count indictment (downloads as a pdf) against Fesum Ogbazion and Kyle Wade for conspiracy and tax-related crimes. Fesum Ogbazion is the CEO and sole owner of Instant Tax Service (ITS) Financial, and his three companies: ITS Financial, Tax Tree, and TCA Financial. Wade was…
No criminal charges. That’s the final word from the Department of Justice with respect to its lengthy investigation into whether the Internal Revenue Service (IRS) improperly targeted the Tea Party and related organizations applying for tax-exempt status. The Department of Justice advised Congress today that it is closing its investigation and confirmed that they will not…
Move over, Real Housewives, there’s a new bankruptcy scandal in reality TV town. Abby Lee Miller, the star of the reality TV show “Dance Moms” has been indicted by a federal grand jury in Pittsburgh, Pennsylvania, on charges of bankruptcy fraud, concealment of bankruptcy assets, and false bankruptcy declarations. If those allegations sound familiar, they…