Economy
Related: About this forumHouston billionaire Robert Brockman charged with $2 billion tax fraud
Federal prosecutors have charged Houston billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case ever against an American.
Department of Justice officials said at a news conference Thursday in San Francisco that 79-year-old Brockman hid the money over 20 years in a complicated scheme involving false returns and secret bank accounts.
Prosecutors also charged him with investor fraud.
The indictment was unsealed Thursday and Brockman is scheduled to make an appearance.
Brockman is the chairman and CEO of Reynolds and Reynolds. He is also chairman/CEO and founder of Universal Computer Systems, Inc.
At: https://www.khou.com/article/news/crime/houston-billionaire-robert-brockman-charged-in-tax-fraud-scheme/285-d9086d47-3b58-4bfb-a838-68aa94794bf2
Reynolds and Reynolds CEO and GOP megadonor Robert Brockman: charged with $2 billion in tax evasion, plus investor fraud.
dlk
(11,561 posts)CatMor
(6,212 posts)I've heard of people being pursued and fined over a $1.00 mistake on their tax return but he went 20 years and 2 billion.
sandensea
(21,627 posts)But only for so long.
CatMor
(6,212 posts)
"These handcuffs are not gold-plated!"
"Shut the fuck up, Donnie."
liberalla
(9,243 posts)What can Brockman do for drump?
Warning! Quid pro Quo coming up! Watch your head!