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:
“Rumble thy bellyful! Spit, fire! Spout, rain!
Nor rain, wind, thunder, fire are my daughters.
I tax you not, you elements, with unkindness;
I never gave you kingdom, called you children.”
—William Shakespeare (1564–1616)
“Things gained through unjust fraud are never secure.”
—Sophocles (497–406/5 B.C.)