Russian Tycoon Pays $500 Million to Settle US Tax Bill -

Russian billionaire Oleg Tinkov was required to pay nearly $509 million to settle U.S. charges of tax evasion, the U.S. Justice Department said Friday. The banking and investment tycoon paid the back taxes and fine after pleading guilty on October 1 to felony charges of concealing more than $1 billion in assets to avoid paying…

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