Tax Fraud
In April 2004, Brown pleaded guilty to charges of tax fraud. Brown was charged with creating companies in the West Indies for the purposes of receiving tax deductions from fictitious expenses. The fictitious expenses amounted to more than $440,000, which Brown claimed on his 1998 income tax filing. He then used the tax deductions to remodel his home.
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Famous quotes containing the words tax and/or fraud:
“In 1845 he built himself a small framed house on the shores of Walden Pond, and lived there two years alone, a life of labor and study. This action was quite native and fit for him. No one who knew him would tax him with affectation. He was more unlike his neighbors in his thought than in his action. As soon as he had exhausted himself that advantages of his solitude, he abandoned it.”
—Ralph Waldo Emerson (1803–1882)
“Things gained through unjust fraud are never secure.”
—Sophocles (497–406/5 B.C.)