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International Business Times UK
International Business Times UK
Technology
Tanmay Puri

Largest Tax Fraud Case in US History' Worth $750 Million of Late Software Billionaire Finally Ends

How the $2 Billion tax fraud case against the late software billionaire unfolded (Credit: Pixabay)

One of the most contentious and high stakes tax fraud cases in US history just came to a shocking end. After years of investigations, legal battles and civil wrangling that went on even after his death, the estate of the late American software billionaire Robert Brockman has agreed to pay a settlement of $750 million (£593 million approx) to the Internal Revenue Service.

This almost movie like legal case, which many once described as the largest individual tax-fraud pursuit in US history, revolved around allegations that Brockman used a very complicated offshore network to allegedly conceal billions in income from tax authorities and to allegedly evade tax obligations for years and years.

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