Texas Billionaires Robert Smith & Robert T. Brockman charged in $2 Billion Tax FRAUD

Today, a few time ago a another video called Texas Billionaires Robert Smith & Robert T. Brockman charged in $2 Billion Tax FRAUD was published by the channel: Real Talk B

As informed in the by Real Talk B: Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American.\n\nDepartment of Justice officials said at a news conference that Brockman, 79, hid capital gains income over 20 years through a web of offshore entities in Bermuda and Nevis and secret bank accounts in Bermuda and Switzerland. Prosecutors announced that the CEO of a private equity firm that aided in the schemes would cooperate with the investigation.\n\nThe 39-count indictment unsealed Thursday charges Brockman, the chief executive officer of Ohio-based software company Reynolds and Reynolds Co., with tax evasion, wire fraud, money laundering, and other offenses.\n\nProsecutors also announced that Robert F. Smith, founder and chairman of Vista Equity Partners, will cooperate in the investigation and pay $139 million to settle his own tax probe. Smith, 57, stunned a senior class last year when he promised to wipe out the student loan debt of the entire graduating class at Morehouse, a historically Black all-male college.\n\n“Complexity will not hide crime from law enforcement. Sophistication is not a defense to federal criminal charges,\” said David L. Anderson, U.S. attorney for the Northern District of California. “We will not hesitate to prosecute the smartest guys in the room.\”\n\nBrockman appeared in federal court from Houston via Zoom Thursday. He entered a plea of not guilty to all counts and was released on $1 million bond, said Abraham Simmons, spokesman for the Northern District of California.\n\nProsecutors said Brockman used encrypted emails with code names, including Permit, Snapper, Redfish and Steelhead, to carry out the fraud and ordered evidence to be manipulated or destroyed.\n\nBrockman, a resident of Houston and Pitkin County, Colorado, is chairman and CEO of Reynolds and Reynolds, a 4,300-employee company near Dayton, Ohio, that sells accounting, sales and management software to auto dealerships. The software helps set up websites, including live chats with potential customers, find loans and calculate customer payments, manage payroll and pay bills.\n#RobertSmith #RobertBrockman #RealTalkB\n\nReal Talk B Social Media: \nInstagram – https://www.instagram.com/rtalkb/\nTwitter – https://twitter.com/RTalkB?s=09\n\nKindly Donate to Real Talk B:\nCash App – https://cash.app/$RTalkB\nPayPal – https://www.paypal.com/paypalme/realtalkb\n\nKindly Email me at: [email protected]\n\nFAIR USE NOTICE. \”Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for \”fair use\” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

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