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.
Read more about this topic: Dale Brown
Famous quotes containing the words tax and/or fraud:
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (1844–1900)
“He saw, he wish’d, and to the prize aspir’d.
Resolv’d to win, he meditates the way,
By force to ravish, or by fraud betray;
For when success a lover’s toil attends,
Few ask, if fraud or force attain’d his ends.”
—Alexander Pope (1688–1744)