Anonymous ID: 4daa7a Oct. 15, 2020, 4:12 p.m. No.11092645   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Houston Software Executive Robert Brockman Charged With Tax Evasion

 

Case involves $2 billion in income hidden abroad, authorities say, making it largest tax case ever against an individual

 

A Houston software executive was charged Thursday with hiding approximately $2 billion in income from U.S. tax authorities over 20 years, in what officials said was the largest criminal case ever brought against a person accused of evading U.S. taxes.

 

Robert T. Brockman, chief executive of automotive software-maker Reynolds & Reynolds Co., was indicted on charges including tax evasion, money laundering, failure to disclose assets held overseas and wire fraud. Mr. Brockman is the sole investor in the first private-equity fund managed by Vista Equity Partners, a firm founded by billionaire Robert Smith. Authorities said Mr. Brockman concealed gains he made in Vistaโ€™s funds from the Internal Revenue Service.

 

https://www.wsj.com/amp/articles/houston-software-executive-robert-brockman-charged-with-tax-evasion-11602790834