CLICK HERE TO TURN ON NOTIFICATIONS. Daardoor veranderen de wetten voor ondernemers rond energiebesparing continu. Mr Smith is a founder of Vista Equity Partners in San Francisco, and is the richest African-American investor in the US, according to Forbes. If convicted, Brockman faces "a substantial period of incarceration," authorities said, as well as restitution and criminal forfeiture. Video, Portugal's radical decision to decriminalise all drugs, From End Sars to End Swat, Nigeria protests explained. Video, Parkour group celebrates a decade of success, Guinea elections: Campaigning during Covid-19. Prosecutors said Mr Smith admitted to using a nominee trustee and corporate manager to his involvement in four offshore firms. As part of the scheme, prosecutors said Mr Brockman used code names and encrypted emails to secretly manage the investments. Nate Gartrell covers crime and corruption in Contra Costa County. Tech mogul Robert Brockman has been charged in a $2 billion tax evasion case, the biggest in US history, the Justice Department said 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. 5 stappen om als ondernemer te zetten. WASHINGTON (Reuters) - Houston technology executive Robert Brockman has been charged in the biggest tax evasion case in U.S. history after fellow billionaire Robert Smith turned against him to avoid prosecution himself, the Justice Department said on Thursday. .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Billionaire Robert F Smith to pay entire US class's student debt, Robert Smith: Tycoon who just paid off 400 black students' debt, Ardern scores landslide win in New Zealand election. "The company is not alleged to have engaged in any wrongdoing, and we are confident in the integrity and strength of our business. Prosecutors said they were alerted to his alleged activities by fellow billionaire Robert Smith, who they say testified against him to avoid prosecution himself. Mr. Brockman is the Chairman and Chief Executive Officer of The Reynolds and Reynolds Company, positions he has held since 2006 upon the acquisition of the company by Universal Computer Services, Inc. (UCS). Brockman appeared in federal court from Houston via Zoom Thursday. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. © 2020 BBC. The indictment alleges Brockman appointed nominees to manage the off-shore entities for him as a means of hiding his involvement, saying he even went so far as to establish a proprietary encrypted email system and use code words such as “Permit,” “Red fish,” and “Snapper” to communicate. Prosecutors say he used code words on encrypted emails as part of an elaborate scheme to hide assets overseas. Prosecutors said Mr Smith admitted to using a nominee trustee and corporate manager to his involvement in four offshore firms. Algemene voorwaarden | Privacybeleid | Cookie-overzicht | Adverteren. Keneally is a former Assistant Attorney General of the US Department of Justice Tax Division. “These allegations should disgust every American taxpayer as well, because the law applies to all of us when it comes to tax and paying our fair share,” Lee said. Robert Brockman, chief executive of Reynolds and Reynolds, is alleged to have hidden $2bn (£1.5bn) in income from tax authorities over two decades, using a network of offshore companies. In 2013, a charitable trust set up by Brockman’s late father withdrew a pledged $250 million donation to Centre College, a small liberal arts school in Danville, Kentucky, where Brockman attended class and once served as chairman of the board of trustees. Video, Parkour group celebrates a decade of success, Guinea elections: Campaigning during Covid-19. What was Hunter Biden doing in Ukraine and China? .css-14iz86j-BoldText{font-weight:bold;}A US software tycoon has been charged over the biggest alleged tax evasion scheme in American history. Houston billionaire Robert Brockman was charged in a $2 billion tax evasion scheme. The indictment covers a 20-year period. The BBC is not responsible for the content of external sites. SAN FRANCISCO — Robert Brockman, the Houston billionaire and CEO of a software company, has been charged with taking $2 billion through a scheme to evade taxes, hide assets, and launder money, in what federal prosecutors say is the biggest case of its kind. The software helps set up websites, including live chats with potential customers, find loans and calculate customer payments, manage payroll and pay bills. En hoe los je dit op? Deze informatie wordt je aangeboden door een van onze adverteerders. 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Video, Portugal's radical decision to decriminalise all drugs, From End Sars to End Swat, Nigeria protests explained. “Although Smith willfully and knowingly violated the law, Smith has accepted responsibility and agreed to provide complete and truthful cooperation,” Anderson said. He facilitated the donation, along with related demands, through an uncharged co-conspirator in the case, the complaint alleges. Brockman is also alleged to have fraudulently purchased nearly $68 million of his software company's debt securities, while maintaining insider information about the company.