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:
“The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
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“The disfranchisement of a single legal elector by fraud or intimidation is a crime too grave to be regarded lightly.”
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