Tax crime doesn’t pay — coverage of tax fraud, evasion, and financial crime prosecutions, and what they mean for the rest of us.
Oh, when it rains, it pours. John P. Karoly, Jr., an attorney (perhaps not for long) out of Allentown, PA, has already been accused of faking his brother’s will. He now faces tax evasion charges. Karoly and his lawyer have, in response, accused the prosecution of misconduct, including allegedly inducing one of Karoly’s clients (yes,…
We have a winner! See comments! Our next tax trivia question is: In the midst of all of the current “politicians not paying their taxes” scandals, we forget that other high profile politicians have also been accused of tax evasion. So, a two parter (if you know the answer to both, please guess only once…
On the day that the new season of “Dancing With the Stars” debuts, the former DWTS champ did some fancy footwork of his own in his first day of court. Helio Castroneves and his sister Katiucia Castroneves, together with their lawyer, Alan Miller, faced prosecutors on the first day of a federal tax trial alleging…
Pro golfer Jim Thorpe is facing a new challenge these days: allegations that he did not pay $1.6 million in federal taxes. Thorpe is accused of failing to file and pay taxes on income he earned in 2002, 2003 and 2004. Altogether, Thorpe faces four counts of failure to file an income tax return and…
Forget “late filing syndrome” – that’s so 2008. For 2009, try the new and improved “I had too many other things going on” defense… it seems to be working out well for Marion Barry. Barry is currently facing tax evasion charges for failing to file his federal tax returns for the 2007 tax year (he…
Disgraced international bank UBS has agreed to pay a $780 million fine and turn over the names of certain account holders to the IRS as part of an agreement to end the investigation into whether the bank helped wealthy clients hide assets. The number of client names to be revealed has not been made public…
EDITOR’S NOTE: This thread is now closed. As per my earlier warning, I will not allow comments on my site that resort to personal attacks or offensive language. It has become clear to me that a handful of folks insist on continuing to violate this policy. As a result, I will no longer accept comments…
US District Court Judge Donald Graham has ruled that the show will go one: two time Indy 500 champ Helio Castroneves – and more importantly, one-time winner of the “Dancing With the Stars” mirrored disco ball – failed to convince Judge Graham to grant his motion to dismiss charges in his federal tax evasion case….
If it feels like every time you turn around, big name law firms are turning associates loose, you can’t blame Joe Francis. The “Girls Gone Wild” founder is doing his best to employ nearly every lawyer on the west coast. In the last couple of years, Francis has used and wooed a number of renown…
Who says crime doesn’t pay? Remember Cristina Warthen (nee Schultz), the Stanford Law School grad who engaged in a little “risky business” to help pay for her student loans? Warthen reportedly grossed more than $300,000 working as a hooker in California under the name “Brazil” on her now-defunct web site, touchofbrazil.net. As fate would have…