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The billionaire hedge fund manager Thomas Sandell has paid $105 million in back taxes and damages to settle charges he defrauded New York state and New York City out of taxes on a decade's worth of fees, officials said on Tuesday.

New yorkUnited statesLeslie adlerLetitia jamesThomas sandellJonathan stempelThomson reuters trust principlesSandell asset management corpNew york cityGeneral letitia jamesThomson reuters trustWhite collar crime fraud corporateGovernment financesHedge funds trbc level 5Judicial process court cases decisionsCompany management issues