Celebrity tax troubles, high-profile scandals, and what the ultra-wealthy get away with — or don’t — when it comes to taxes.
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 expenses…
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 suddenly searching for news about Tori Spelling. I haven’t posted about Tori…
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…
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 Kupferman filed for…
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 million in tax. Yet, the ATO continues to pursue him –…
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…
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…
Wesley Snipes has filed a request in federal court for permission to leave the country for two trips while his appeal on tax evasion charges is being considered. Snipes has requested to go to London to sit in on the editing process for his new horror flick Gallowwalker. Snipes has also requested permission to fly…
Keith Olbermann’s trademark “Worst Person In the World” segments – usually reserved for Fox News’ Bill O’Reilly – may be coming back to haunt him. After revelations that he owes the state of New York $2,269 in back taxes for his corporation, Olbermann Broadcasting Empire, many of his former targets are turning the tables. The…
Wesley Snipes better enjoy his Memorial Day weekend. If he doesn’t win his appeal, it may be the last holiday weekend that he enjoys for a few years. Snipes was scheduled to report to federal prison on June 3 but was granted a reprieve. Nonetheless, Snipes will eventually have to surrender to federal prison authorities…