It can be hard to prove someone is super rich


Robert Oesterlund via FacebookThe New York Times published a great article last week by Nicholas Confessore called "How to Hide $400 Million."
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Robert Oesterlund via FacebookThe New York Times published a great article last week by Nicholas Confessore called "How to Hide $400 Million."
A federal judge in Manhattan Friday authorized the Internal Revenue Service to issue summonses requiring Federal Express Corporation, DHL Express, United Parcel Service, Inc. and others to produce information about U.S. taxpayers who may be using the offshore services of Sovereign Management & Legal, Ltd to evade U.S. taxes.
Sam Wyly, courtesy of genconnectofficial on YouTubeThe Securities and Exchange Commission said in a court filing Friday that Texas billionaire Sam Wyly and the estate of his late brother Charles should pay $1.41 billion in damages for hidding trades in companies they controlled using offshore trusts.