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Felon Rigged $1.5 Billion Tax Shelter Then Bought Rolls, US Says

Source: Bloomberg

Legal & LitigationTax & Tariffs

A Texas felon was charged with running a tax scam that allegedly helped wealthy clients hide more than $1.5 billion in income from the IRS. Prosecutors say the proceeds were used to buy a 2021 Rolls-Royce Ghost and make a down payment on an Ocean Alexander 28E yacht.

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