Latest Corporate tax evasion News

German prosecutors probe alleged tax evasion by tax advisers

Nov. 30, 2021 11:22 AM EST

German investigators searched offices of accountancy firm PricewaterhouseCoopers and the homes of current and former employees Tuesday in a probe of alleged tax evasion by tax advisers. The searches took place at offices in Frankfurt, Berlin, Duesseldorf, Hannover and...

Doughnut shop operators convicted of hiding $2.8M in sales

Nov. 11, 2021 10:03 AM EST

UTICA, N.Y. (AP) — The operators of three doughnut shops in central New York were convicted of tax evasion after concealing $2.8 million in cash sales from the government, according to federal prosecutors. Rome residents John Zourdos, his wife Helen Zourdos and their...

New grand jury seated as Trump criminal probe continues

Nov. 04, 2021 18:43 PM EDT

NEW YORK (AP) — New York prosecutors investigating former President Donald Trump’s business dealings have convened a new grand jury to hear evidence in the probe as the previous panel’s term was set to run out, a person familiar with the matter told The Associated Press Thursday. ...

Ex-Boston Grand Prix CFO pleads guilty to fraud, tax charges

Oct. 22, 2021 09:22 AM EDT

BOSTON (AP) — The former chief financial officer of the organization that tried to bring an IndyCar race to Boston has pleaded guilty to multiple fraud and tax evasion charges connected to the race and other business interests, and for improperly receiving almost $700,000 in pandemic relief...

Ex-Indiana mayor gets 21 months in prison for seeking bribe

Oct. 13, 2021 18:35 PM EDT

HAMMOND, Ind. (AP) — A former northwestern Indiana mayor who was found guilty of taking a $13,000 bribe from a trucking company and illegal tax evasion was sentenced Wednesday to 21 months in prison. A federal judge ordered the sentence against former Portage Mayor...

What Peace Prize says about freedom in Russia, Philippines

Oct. 08, 2021 12:53 PM EDT

MOSCOW (AP) — The Nobel Peace Prize sometimes recognizes groundbreaking efforts to resolve seemingly intractable conflicts, such as once-sworn enemies who sat down and brokered an end to war. In other years, the recipient is someone who promoted human rights at great personal cost. ...

Leaked records open a 'Pandora' box of financial secrets

Oct. 05, 2021 07:50 AM EDT

Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century, according to a review of nearly 12 million files...

California truck company owner pleads guilty in tank blast

Oct. 01, 2021 11:15 AM EDT

LOS ANGELES (AP) — The owner of several Southern California trucking companies pleaded guilty to five felony charges involving tax evasion, COVID-19 relief fraud and an illegal repair of a tanker that resulted in a fatal explosion, federal prosecutors said. Carl Bradley...

Zuma's trial postponed until October in South Africa

Sep. 22, 2021 11:43 AM EDT

JOHANNESBURG (AP) — The corruption trial of former South African President Jacob Zuma was postponed until Oct. 26 while the judge considers a plea from Zuma's lawyer that the prosecution team be dismissed from the case for being biased. Zuma wasn't present for the...

Ex-South African president absent at corruption trial

Sep. 21, 2021 09:23 AM EDT

JOHANNESBURG (AP) — Former South African president Jacob Zuma did not attend a hearing in his corruption trial Tuesday, prompting prosecutors to question his absence and ask the judge to examine his medical records. Zuma was released from an unrelated 15-month jail...