photo by Jeff Vincent From the Office of the Attorney General: 'Attorney General Brian L. Schwalb today announced that Michael J. Saylor and MicroStrategy, Inc.
“Attorney General Brian L. Schwalb today announced that Michael J. Saylor and MicroStrategy, Inc., the company he co-founded and led, will pay $40 million to resolve a tax fraud lawsuit filed by the Office of the Attorney General alleging that Saylor had defrauded the District of over $25 million in income taxes.
After independently investigating the tax fraud allegations against Saylor, OAG intervened in the whistleblower lawsuit and filed its own complaint against Saylor. The District’s lawsuit alleged that Saylor lived in the District but pretended to be a resident of Florida or Virginia to avoid paying more than $25 million in District income taxes.
This matter was handled by Assistant Attorneys General Norman Anderson, Jason Jones, Sarah Levine, Jessica Micciolo, and Charlie Sinks, Senior Trial Counsel Laura Beckerman, and Workers’ Rights and Antifraud Section Chief Graham Lake.This lawsuit was the first of its kind brought after amendments to the District’s False Claims Act expanded OAG’s tax fraud enforcement authority to hold tax cheats fully accountable.
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