How do you hide $2 billion? Apparently, you don’t. Robert Brockman, the CEO of software company Reynolds and Reynolds Co., has been charged with tax evasion, wire fraud, money laundering, and other offenses after it was discovered he hid capital gains income for over 20 years through a web of offshore entities in Bermuda and Nevis and secret bank accounts in Bermuda and Switzerland. This is the largest-ever tax charge against an individual in the United States. However, Brockman, who is #461 on the Forbes billionaires list, so far is cooperating with the investigation. (Source: https://www.nbcnews.com/business/business-news/tech-billionaire-charged-largest-ever-tax-fraud-hiding-2-billion-n1243776)
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