Extremely Wealthy
Texas Businessman Agrees to Pay $198.1 Million in Fraud Case
A Texas businessman, Sam Wyly, has agreed to pay $198.1 million to resolve claims by federal securities regulators that he engaged in a long-running securities fraud to hide trades in companies he controlled using offshore trusts, according to a court filing. Mr. Wyly is also in talks to resolve tax…
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Click here to read the full story: The New York Times