PR & News Brockman, CEO of Reynolds & Reynolds Hit With Largest-Ever Tax Charge

[Jeff Kershner]

Robert T. Brockman, a Houston software tycoon, and CEO of Reynolds & Reynolds was charged with using Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual.

DAMN!!

Bloomberg - Are you a robot?

 

[Alexander Lau]

They all do it... he just got busted. Got too big; got too sloppy. Hell, my wife is British and we have access to British banking havens, etc. (https://www.investopedia.com/articles/personal-finance/100715/top-10-caribbean-tax-havens.asp) now and we're small time.

Keep in mind the Panama Papers... https://www.icij.org/investigations/panama-papers/

 

[Ryan Everson]

Robert T. Brockman, a Houston software tycoon, and CEO of Reynolds & Reynolds was charged with using Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual.

DAMN!!

Bloomberg - Are you a robot?

Karma?

 

[Alex Snyder]

Minimum 12-year sentence sound about right?

 

[Alexander Lau]

Minimum 12-year sentence sound about right?

Not with his connections and money. I doubt he'll do a day, instead a massive fine, astronomical. The Feds will want a shit ton (if not all) of that back, there's that.

 

[Alex Snyder]

Minimum 12-year sentence sound about right?

Pssst @Alexander Lau ...how long is the typical ReyRey DMs contract

 

[Zhendrix]

The depth of this is crazy. I wonder how deep they will dig into Vista's Equity or if they will leave it alone based on Robert Smith's cooperation/bus roll.