della penna misappropriated investor funds totaling about $1.1 million to pay personal expenses, including mortgage payments on his 10,000 square foot home and payments to his girlfriend. To cover up his fraud, Della Penna operated a Ponzi-like scheme by using later investors’ money to pay fake "returns" to prior investors.
A 2008 tax evasion trial found that Snipes cheated the IRS out of $7 million worth of taxes, according to USA Today. The back taxes owed are around 18 percent of the $38 million unreported income Snipes earned from 1999 to 2006, during which period he failed to file any tax returns, reports Reuters. Snipes was released from jail in April 2013.
2015 marks worst year for investor agility OpenClose welcomes mortgage software veteran to team OpenClose bolsters sales team with addition of mortgage software veteran tom buenz. west palm BEACH, FL (May 1, 2019) – OpenClose, an industry-leading multi-channel loan origination system.Consumer confidence hits six-month low Eminent domain remains minor headwind as housing recovers In california eminent domain actions, absent special circumstances (such as an abandonment, successful right to take challenge, or inverse condemnation finding), a property or business owner is typically only entitled to recover litigation expenses (attorneys’ fees and expert costs) in one circumstance: where the public agency’s final offer of compensation is unreasonable and the property.Consumer confidence hits 12-month high in August – Consumer confidence surged to a 12-month high in August as strong job gains and low gasoline prices more than offset uncertainty. July as their assessment of current conditions and their six-month.www.sec.gov – The following table summarizes the Fund’s investments in the Investment Funds during the year ended September 30, 2014, none of which were related parties. The Fund indirectly bears fees and expenses as an investor in the Investment Funds. Each investor of each Investment Fund will pay the investment manager of the Investment Fund a management fee.
Quitclaim deeds are widely used to complete real estate transfers between family members. You might want to grant your property to your son as a gift or as part of your estate planning. A quitclaim deed will work for this; however you should be aware of some potential tax consequences.
Former St. john couple sentenced for tax fraud lauren Cross firstname.lastname@example.org, 219-933-3206 lauren leone-cross. couple accused of filing false tax returns in $1.1 million case.
SEC filings reveal BlackRock’s substantial interest in housing New filings with the Securities and Exchange Commission show that BlackRock holds a substantial stake in at least seven of the biggest players in housing, including Trulia (TRLA), Fidelity . . .
FOR IMMEDIATE RELEASE Wednesday, October 7, 2015. Disbarred Lawyer Indicted for Stealing Over $1 Million by Conducting Fraudulent Real Estate Deals Staten Island Resident Allegedly Made Bogus Sales of Two Brooklyn Homes He Didn’t Own by Pretending to Be an Attorney and Filing Forged Documents, Including Deed Falsely Claiming a House Was Sold to Him for $10
Financial Institution/Mortgage Fraud News.. Georgia Couple Charged in Mortgage Fraud Scheme. July 11, 2018. received 144 months in prison for defrauding banks out of $1.1 million.
Freddie Mac CEO: Lenders should offer more low down payment mortgages Freddie Mac CEO Urges More Low Down Payment Loans – Amid News Of $475m In Q3 Losses, Freddie Mac CEO Urges More Low Down Payment Loans by Amanda Maher. The same day it was revealed that Freddie Mac sustained $475 million in losses in the third quarter, Freddie mac ceo donald layton urged lenders to increase the number of low down payment loans they issue.Three Missouri men charged with defrauding TARP Bank Three St. Louis-area men have. Excel Bank, which failed in 2012. William Glasgow, 72, of Town & Country, was indicted by a federal grand jury on two felony counts of bank fraud, the U.S. Attorney’s.
Just because celebrities are rich and famous doesn’t mean life is always glamorous for them. In fact, many members of the Hollywood elite have endured serious tax troubles. And while celebrities aren’t necessarily more likely to break the law than their fans, they do have a far greater likelihood of being audited. Here are 15 celebrities that committed tax evasion – and got caught.
Local couple appear in federal court for $24 million Medicare fraud scam. where nearly 200 Houston area residents have been indicted on health care fraud charges since 2009 – 136 convicted of.