Latest Corporate tax evasion News

Ex-Texas mayor, developer sentenced to prison for corruption

Aug. 04, 2022 17:13 PM EDT

DALLAS (AP) — A former Dallas-area mayor and a developer were sentenced Thursday to six years each in federal prison for bribery and tax fraud in a public corruption case that could have formed the plot of a movie. From May 2013 to April 2015, developer Mark Jordan plied...

Man gets more than 3 years in prison for $13M COVID-19 fraud

Jun. 17, 2022 15:48 PM EDT

BOSTON (AP) — A Massachusetts businessman convicted of fraudulently seeking more than $13 million in federal coronavirus pandemic relief loans has been sentenced to more than three years in prison. Elijah Majak Buoi, 40, of Winchester, was also sentenced to three years of...

McDonald's to pay France $1.3 billion in tax fraud case

Jun. 16, 2022 09:27 AM EDT

PARIS (AP) — McDonald’s France and related companies have agreed to pay over 1.2 billion euros ($1.3 billion) to the French state to settle a case in which the fast-food giant was accused of years of tax evasion. A Paris court approved the settlement Thursday, the French national...

Todd and Julie Chrisley found guilty on federal charges

Jun. 07, 2022 20:13 PM EDT

ATLANTA (AP) — Todd and Julie Chrisley, stars of the reality television show “Chrisley Knows Best,” were found guilty Tuesday in Atlanta on federal charges including bank fraud and tax evasion. The Chrisleys were initially indicted in August 2019 and a new indictment was filed...

Virginia man pleads guilty to failing to pay $1.3M in taxes

May. 27, 2022 07:53 AM EDT

RICHMOND, Va. (AP) — A Virginia man pleaded guilty Thursday to charges that he failed to pay $1.3 million in taxes to the IRS by withholding payroll taxes from three different companies owned by his family, a federal prosecutor said. U.S. Attorney Jessica Aber said in a news...

'Chrisley Knows Best' stars to stand trial in Atlanta

May. 14, 2022 10:28 AM EDT

ATLANTA (AP) — A federal trial for reality television stars Todd and Julie Chrisley on charges including bank fraud and tax evasion is set to start Monday in Atlanta. The trial is getting underway just days after E! announced that it is moving forward with a new dating series,...