Extremely Wealthy
U.S. judge rules Texas tycoon Wyly committed tax fraud
Texas tycoon Sam Wyly engaged in "deceptive and fraudulent actions" in a years-long scheme to dodge taxes on more than $1 billion held in offshore trusts, a federal bankruptcy judge ruled on Tuesday. U.S. Bankruptcy Judge Barbara Houser in Dallas ruled that there was "clear and convincing evidence" Wyly committed…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters