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Hedge fund billionaire Sandell pays US$105 million to settle NY tax fraud case Toggle share menu
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Hedge fund billionaire Sandell pays US$105 million to settle NY tax fraud case
New York State Attorney General Letitia James in New York City, on Nov 19, 2019. (Photo: REUTERS/Lucas Jackson)
03 Mar 2021 06:50AM (Updated:
03 Mar 2021 07:40AM) Share this content
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NEW YORK: The billionaire hedge fund manager Thomas Sandell has paid US$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 (Mar 2).