Latest Tax evasion News

Pakistani police officers escort Mir Shakilur Rehman owner of Jang Group of Newspapers to an anti-graft court in Lahore, Pakistan, Friday, March 13, 2020. Pakistan's anti-graft body Thursday ordered the arrest of the owner and editor-in-chief of Pakistan's largest independent group of newspapers and TV stations in a decades-old case related to allegations of tax evasion in a real estate purchase. (AP Photo/K.M. Chaudhry)

Pakistan's supreme court orders release of detained TV mogul

Nov. 9, 2020 3:49 AM EST

ISLAMABAD (AP) — Pakistan's supreme court on Monday granted bail to the owner and editor-in-chief of country's largest independent group of newspapers and television stations, months after his arrest in a decades-old case related to allegations of tax evasion in a real estate purchase. Mir Shakilur...

FILE - In this July 6, 2011, file photo, Samsung Chairman Lee Kun-hee, right, greets people from the South Korean delegation in Durban, South Africa, for the 123rd International Olympic Committee (IOC) session that will decide the host city for the 2018 Olympics Winter Games. Lee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died, a Samsung statement said Sunday, Oct. 25, 2020. He was 78. (AP Photo/Schalk van Zuydam, File)

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

Oct. 25, 2020 8:38 PM EDT

SEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corruption convictions, died on Sunday. He was 78. Lee died with his family members by his side,...

FILE - In this June 27, 2019 file photo, Paul Manafort, center, arrives at court in New York. In paperwork made public on Thursday, July 2, 2020. New York appellate judges on Thursday, Oct. 22, 2020, have upheld a lower judge’s decision to dismiss state mortgage fraud charges against Paul Manafort on double jeopardy grounds. (AP Photo/Seth Wenig, File)

Court won't revive state fraud charges against Manafort

Oct. 22, 2020 2:57 PM EDT

NEW YORK (AP) — A New York court on Thursday upheld a decision dismissing state mortgage fraud charges against Paul Manafort on double jeopardy grounds, affirming a lower court finding that they mirrored the federal charges that landed President Donald Trump’s former campaign chairman behind bars. A...

German arrest order for Panama Papers lawyers faces hurdle

Oct. 21, 2020 6:59 PM EDT

PANAMA CITY (AP) — A German arrest order for two Panamanian lawyers whose firm was at the center of an international tax evasion scandal faces a substantial obstacle: Panama’s constitution prohibits the extradition of its citizens. Juergen Mossack and Ramón Fonseca are sought by Cologne...

Reports: Germany issues warrants for Panama Papers lawyers

Oct. 20, 2020 4:48 PM EDT

BERLIN (AP) — The two founders of a Panama-based law firm at the center of a tax haven scandal exposed by the so-called Panama Papers are being sought on international arrest warrants issued by Germany, according to media reports Tuesday. Munich’s Sueddeutsche Zeitung and broadcasters NDR and WDR...

Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)

DOJ charges Texas billionaire in $2 billion tax fraud scheme

Oct. 15, 2020 6:58 PM EDT

SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over 20...

President Donald Trump stands on the balcony outside of the Blue Room as returns to the White House Monday, Oct. 5, 2020, in Washington, after leaving Walter Reed National Military Medical Center, in Bethesda, Md. A federal appeals court says Trump's accountant must turn over his tax records to a New York state prosecutor. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled Wednesday, Oct. 7. (AP Photo/Alex Brandon)

Appeals court: Trump must turn over taxes to prosecutor

Oct. 7, 2020 11:34 AM EDT

NEW YORK (AP) — President Donald Trump’s accountant must turn over his tax records to a New York state prosecutor, an appeals court ruled Wednesday in a decision that likely sets up a second trip to the U.S. Supreme Court over the issue. The 2nd U.S. Circuit Court of Appeals in Manhattan said in a...

FILE - In this Sept. 9, 2015, file photo, internet security pioneer John McAfee announces his candidacy for president in Opelika, Ala. McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while also doing consulting work, making speaking engagements and selling the rights to his life story for a documentary, prosecutors in Tennessee said Monday, Oct. 5, 2020. (Todd J. Van Emst/Opelika-Auburn News via AP, File)

Software company founder McAfee charged with tax evasion

Oct. 5, 2020 7:18 PM EDT

MEMPHIS, Tenn. (AP) — Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights to his life story for a documentary, prosecutors in Tennessee...

Feds: California convict tried to steal $22M from PPP loans

Oct. 3, 2020 5:33 PM EDT

SAN FRANCISCO (AP) — A California man convicted five years ago of defrauding several local governments in the state has been charged with trying to steal $22 million from the Paycheck Protection Program. Attila Colar, 48, of Richmond, who goes by several aliases including Dahood Sharieff Bey, was charged...

FILE - In this June 18, 2007 file photo, Edward Brown speaks to reporters during a news conference at his home, in Plainfield, N.H. Brown, 78, is up for re-sentencing Tuesday Sept. 29, 2020 over a months long armed standoff with U.S. marshals in 2007 to protest a tax evasion conviction. Brown, originally sentenced to 37 years in prison, says he should be sentenced to the 13 years he has already served. (AP Photo/Jim Cole, File)

Tax protester in 2007 armed standoff to remain in prison

Sep. 29, 2020 5:48 PM EDT

CONCORD, N.H. (AP) — A New Hampshire man will face more time in prison, a judge decided Tuesday in a case resulting from a monthslong armed standoff with U.S. marshals in 2007 over a tax evasion conviction that led to the discovery of explosives and booby traps on his property. A judge resentenced Edward...