Bitcoin ‘Maximalist’ Michael Saylor Sued for Tax Fraud in DC – BeInCrypto

Date:



Michael Saylor, founder and former CEO of the software company MicroStrategy, is being sued by the District of Columbia, DC Attorney General Karl Anthony Racine, announced on Twitter.

According to Racine, Saylor has been living in the district for “more than a decade” and has failed to pay income taxes.

The AG also alleged that MicroStrategy helped Saylor cover the tax fraud up and thus is also subject to the lawsuit.

The lawsuit is the first case that falls under DC’s “recently amended” False Claims Act, which encourages “whistleblowers to report residents who evade our tax laws by misrepresenting their residence” Recine said, hinting that there might be whistleblowers involved in Saylor’s case.

This is a developing story.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.





Source link

Share post:

Subscribe

Popular

More like this
Related

Vikings’ Cine to have surgery on fractured leg

Minnesota Vikings rookie safety Lewis Cine will undergo...

Live updates: Ian recovery efforts continue in Florida and the Carolinas

Officials in hardest-hit Lee County, Florida, are facing...