Beware Thy Neighbor

Socialism pits neighbor against neighbor and destroys the fabric of society.  Here is just another example:

Tax Informants Are On The Loose

Janet Novack and William P. Barrett, 11.24.09, 06:00 PM EST
Forbes Magazine dated December 14, 2009

A new federal rewards program dishes out cash to people who turn in friends, relatives and employers for fudging their tax returns.

For 24 years Vincent A. Spondello toiled away as an accountant for a group of related companies known as Monex, a large Newport Beach, Calif. precious metals dealer. A trusted employee, he prepared tax returns and was given such tasks as overseeing the destruction of old corporate documents. It turns out that some records that were supposedly destroyed he took home instead.

In May Spondello sent 25 boxes of original Monex papers to the Internal Revenue Service–documents that could buttress the IRS’ claim that Monex’s owners fraudulently moved around assets to avoid a $378 million tax bill. He made his document drop after hiring lawyers and filing a claim for a whistleblower reward that could total $57 million or more. Monex denies it owes anything, has fired Spondello and is demanding back its documents.

continue reading…

Advertisements

Comments are closed.