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Herbert Axelrod, Stradivarius Donor and Alleged Tax Fugitive, Arrested ...

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Kellanved Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-17-04 02:30 AM
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Herbert Axelrod, Stradivarius Donor and Alleged Tax Fugitive, Arrested ...
NEWARK, N.J. (AP) — A fugitive millionaire wanted on tax fraud charges in New Jersey was arrested at an airport in Germany, federal prosecutors said Wednesday.

Herbert Axelrod, 76, fled the United States soon after being indicted in April on charges that he conspired to defraud the Internal Revenue Service by helping a former executive of his pet-book publishing company hide $700,000 in a Swiss bank account.

He also has drawn attention for rare musical instruments he valued at $100 million and donated or sold at a discount.

Michael Himmel, a lawyer who has represented Axelrod, said Wednesday that he had not yet spoken to Axelrod and declined to comment. The U.S. Attorney's Office in New Jersey said it notified German authorities that it would seek to have Axelrod sent back to the United States.

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http://www.andante.com/article/article.cfm?id=23921
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