Latest Tax evasion News

Mexican president suffers court reverse, tensions rise

Nov. 24, 2022 19:18 PM EST

MEXICO CITY (AP) — Mexico’s Supreme Court struck down part of President Andrés Manuel López Obrador’s ‘jail, no bail’ policy Thursday. The court voted against mandatory pre-trial detention for people accused of fraud, smuggling or tax evasion. Because trials often take...

French prosecutors probe alleged illegal election financing

Nov. 24, 2022 13:16 PM EST

PARIS (AP) — French national financial prosecutors said Thursday they have opened an investigation into suspected illegal financing of electoral campaigns in 2017 and 2022. A leading French newspaper reported that the probe targets President Emmanuel Macron’s winning election bids. ...

Auditors in Iraq uncover staggering $2.5 billion tax fraud

Nov. 22, 2022 01:53 AM EST

BAGHDAD (AP) — Auditors in Iraq have uncovered a massive scheme in which a network of businesses and officials embezzled some $2.5 billion from the country’s tax authority, despite layers of safeguards. The scandal poses an early test for Iraq’s new government, which was formed...

Reality TV's Chrisleys get hefty sentences in fraud case

Nov. 21, 2022 23:41 PM EST

ATLANTA (AP) — Reality TV stars Todd and Julie Chrisley were sentenced Monday to lengthy prison terms after being convicted earlier this year on charges including bank fraud and tax evasion. U.S. District Judge Eleanor Ross in Atlanta gave Todd Chrisley 12 years in prison, while...

Prosecution rests in Trump Organization tax fraud case

Nov. 21, 2022 17:26 PM EST

NEW YORK (AP) — Prosecutors in the Trump Organization's criminal tax fraud trial rested their case Monday earlier than expected, pinning hopes for convicting Donald Trump’s company largely on the word of two top executives who cut deals before testifying that they schemed to avoid taxes on...

NJ senator's ex-aide pleads guilty to fraud, tax charges

Nov. 21, 2022 16:27 PM EST

NEWARK, N.J. (AP) — The former top aide to New Jersey's Senate president pleaded guilty Monday in federal court to wire fraud and tax evasion charges stemming from political consulting work he did over a five-year period ending in 2018. Tony Teixeira, 43, admitted that from...

Ex-CFO says Trump kids raised pay after learning of scheme

Nov. 18, 2022 20:24 PM EST

NEW YORK (AP) — How did Donald Trump’s oldest sons — entrusted to run his company when he became president — react when they learned that a top executive was scheming to dodge taxes on lavish corporate perks? They gave him a raise, according to testimony Friday at the Trump...

Puig's agent: Ex-MLB star felt `rushed' at probe with feds

Nov. 16, 2022 01:14 AM EST

NEW YORK (AP) — Former major league outfielder Yasiel Puig did not have a criminal attorney with him and felt compromised partly because of his mental health issues at an interview with federal agents investigating an illegal gambling operation, according to a statement Tuesday night from his...

Trump Org.'s longtime CFO testifies at company's fraud trial

Nov. 15, 2022 20:22 PM EST

NEW YORK (AP) — Donald Trump’s longtime finance chief is still a company man, collecting a hefty salary from the former president’s namesake Trump Organization even as he makes his long-awaited turn as the prosecution's star witness in a criminal tax fraud trial. Allen...

Ex-MLB player Yasiel Puig to plead guilty in gambling case

Nov. 15, 2022 09:14 AM EST

LOS ANGELES (AP) — Former Major League Baseball outfielder Yasiel Puig will plead guilty to lying to federal agents investigating an illegal gambling operation, the U.S. Department of Justice announced Monday. Court documents unsealed Monday say Yasiel Puig Valdés, 31, has agreed...