Latest Tax evasion News

Kentucky school worker pleads guilty in $1.6M fraud scheme

May. 28, 2020 2:47 PM EDT

FRANKFORT, Ky. (AP) — A former Kentucky school finance director accused of stealing more than $1.6 million from a district over nearly a decade has pleaded guilty to federal charges, according to the U.S. Justice Department. Lesley Wade pleaded guilty to concealing money laundering and filing a fraudulent...

Greece: Police break up huge counterfeit tobacco factory

May. 21, 2020 8:00 AM EDT

THESSALONIKI, Greece (AP) — Police in Greece said Thursday they have seized 21 tons of illegally imported tobacco at warehouses near Athens, allegedly used to make counterfeit branded smoking products. Six men, ranging in age from 39 to 68, were arrested after police raided two warehouses where the...

FILE - In this June 18, 2007, file photo, Ed and Elaine Brown talk to reporters during a news conference at their home in Plainfield, N.H. Elaine Brown, who took part in armed standoff to protest tax evasion conviction, can be released after serving over 12 years in prison, a federal judge ruled Friday, Jan. 31, 2020. Brown, 78, was resentenced in federal court in New Hampshire after a U.S. Supreme Court decision last year affected her case. One charge, which carried a mandatory minimum 30-year sentence, was vacated. She is scheduled to be released Feb. 28.   (AP Photo/Jim Cole, File)

Virus release denied for tax evader in armed standoff

May. 6, 2020 12:42 PM EDT

CONCORD, N.H. (AP) — A man awaiting resentencing for an armed standoff with U.S. marshals in 2007 has lost a bid to be released from prison for now, after claiming double jeopardy and citing coronavirus concerns. A federal judge rejected Edward Brown's request without comment Tuesday. Brown, 77, was...

FIFA probe: First banks admit money laundering role

May. 1, 2020 1:13 PM EDT

NEW YORK (AP) — An Israeli bank and its Swiss subsidiary agreed to pay over $30 million for their role in conspiring to launder more than $20 million in kickbacks to soccer officials, becoming the first financial institutions implicated in the FIFA scandal to reach a resolution with U.S. prosecutors. Bank...