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Ex-Newburgh employee sues city, former manager Joe Donat for $5M

Billionaire's National Security Ties Raised in Tax Case

Billionaire’s National Security Ties Raised in Tax Case Bloomberg 7 hrs ago © Bloomberg Billionaire Smith’s National Security Ties Raised in Tax Case (Bloomberg) Robert T. Brockman, facing the largest tax-evasion case in U.S. history, is seeking access to national security information that he claims helped fellow billionaire Robert F. Smith avoid prosecution in exchange for his cooperation against Brockman. Brockman asked a federal judge on Tuesday for a non-public hearing under the Classified Information Procedures Act to discuss the “probable existence” of material about Smith that could aid Brockman at trial. Brockman, a retired Houston software executive, initially invested at least $1 billion in Vista Equity Partners, where Smith is chief executive officer.

Tax fraud on green land spurs crackdown: 'The IRS hates these'

How Austin billionaire Robert Smith avoided indictment for evading $43 million in federal taxes

How Austin billionaire Robert Smith avoided indictment for evading $43 million in federal taxes Attorney General William Barr ultimately made the call to handle Smith’s case with a non-prosecution agreement. Visate Equity s Robert Smith of Austin is best known for paying off the college debt of Morehouse College graduates in 2019.(Ricky Carioti / The Washington Post) U.S. prosecutors and Internal Revenue Service agents spent four years piercing the veil of secrecy that billionaire money manager Robert F. Smith wove to hide more than $200 million in income. Last year, according to people familiar with the matter, a team led by the Justice Department’s top tax prosecutor argued to then-Attorney General William Barr that the evidence warranted indicting Smith, who had made headlines for pledging to pay the student debt of a Morehouse College graduating class.

How billionaire Robert Smith avoided indictment in a multimillion-dollar tax case