DOJ Sues Ivanka's Ex-Business Partner for Massive Fraud

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DOJ Sues Ivanka’s Ex-Business Partner for Massive Fraud
Moshe Lax and members of his family allegedly conspired to deprive the U.S. of $60 million.
By BEN SCHRECKINGER
August 17, 2018



The Justice Department is suing a friend and former business partner of Ivanka Trump for his alleged role in schemes to defraud the federal government out of millions of dollars in tax liabilities on his father’s estate.

Filed last month and reported here for the first time, the lawsuit follows an August 2017 POLITICO investigation of alleged financial wrongdoing by New York businessman Moshe Lax and glaring irregularities in the Internal Revenue Service’s handling of a $27 million lien on his father’s estate.

The suit, which seeks more than $60 million in unpaid tax liabilities, was brought in the Southern District of New York by lawyers in the Justice Department’s tax division. It alleges that Lax, his sister Zlaty Schwartz, and his late father, Chaim Lax, engaged in a series of complex “sham transactions” designed to fraudulently evade tax liability. The government alleges the family members undertook 10 separate schemes “designed to hide the Lax family assets from the IRS and other creditors and make it appear as though the Estate was insolvent.”

At a time when Democrats are working to make corruption a midterm campaign issue and a jury deliberates over whether to convict President Donald Trump’s former campaign manager for tax fraud, the suit threatens to further the perception that the Trump family and their closest associates operate in a corrupt milieu.

more...

https://www.politico.com/magazine/story/2018/08/17/ivanka-trump-business-partner-justice-department-lawsuit-moshe-lax-219369

[htuttle]

1. Womp, womp.

[struggle4progress]

2. Ya gotta pikka pocket or two

[dixiegrrrrl]

3. That was fun to see again...thanks.

[Totally Tunsie]

4. Remember Leona?

(portrayed here by Suzanne Pleshette)

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