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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%3:59 PM EST

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To: Dave who wrote (67175)3/1/2005 8:07:17 AM
From: Amy J  Read Replies (1) of 77400
 
OT Dave, well, this tops everything. A comms entrepreneur is arrested for tax evasion in the amount of $210M:

"According to a 12-count indictment released on Monday that federal prosecutors called the largest criminal case of individual tax evasion, the entrepreneur, Walter Anderson, 51, did not pay over $210 million in federal and local income taxes he owed for the years 1995 through 1999 alone."

"In 1998 Mr. Anderson, who lives in Washington, reported a total income of $67,939 and paid a tax of just $494. Mr. Everson said Mr. Anderson actually made at least $126 million"

"If convicted, Mr. Anderson faces as much as 24 years in prison."

nytimes.com
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