Archive | October, 2017

Tax Fraud On A Grand Scale At The Highest Level

30 Oct

Today is momentous in the annals that record events of our time. I would much rather be talking about the World Series fifth game and how expensive the tickets are, but more significant in the events that shape the history of our United States of America is a completely unrelated story that is unfolding in Washington, D.C.

It involves tax fraud and money laundering money by Paul Manafort, once the man chosen by Donald Trump to be in charge of his campaign. He was indicted today and is accused of such crimes as laundering $18,000,000 — yes, that’s $18 million. This money which was hidden from the IRS with no income taxes being paid on it. And this gentleman is not even an EXPAT.

The New York Times reported today that there was speculation that Mr. Manafort might try to cut a deal to avoid prosecution. I guess that’s the way of the world of white-collar crime. Sad, but true. At least they will take the money away that he stole from us. Perhaps more with fines and interest. IMHO, he should be tarred and feathered, but I guess that we don’t impose such uncivilized punishments in 2017.