Tax fraud plays a key role in the major college admissions scandal involving Hollywood actors and CEOs
KWF filed its forms 990 with the IRS, as a proper 501 is expected to do According to the form 990, the organization received nearly $2 million in contributions and grants in 2015, and double that amount in 2016. Singer, who signed the form as President, represented that he received no salary for his role.
According to court documents, receipts to the KWF were not charitable, but were instead payment for services to guarantee college placement. And those grants to schools and other charitable organizations? Disguised bribes. In addition to generating and supporting false charitable donations, by incorporating KWF as a fake tax-exempt organization, Singer created the perfect cover. And those parents who took advantage of the chance to get their children into an elite school by making a “donation” to KWF? They may now be on the hook for tax fraud.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tax Fraud A Key Role In Major College Admissions Scandal Involving Hollywood Actors, CEOs & MoreSome parents will do anything to get their kids into an elite university - even commit tax fraud. That’s what the Federal Bureau of Investigation (FBI) and the U.S. Attorney’s Office in Boston allege happened as part of a massive multi-million dollar college entrance admissions scandal.
Read more »
Following these 4 tips can help shield you from tax return fraudWhile the IRS has had recent success combating tax return fraud, the responsibility to protect personal information begins with taxpayers. How not to become a victim.
Read more »
Manafort Sentenced To 47 Months In Prison For Tax, Bank Fraud CrimesToday was sentencing day for Paul J. Manafort Jr., President Donald Trump’s former campaign chairman. U.S. District Judge T.S. Ellis sentenced Manafort to 47 months in prison, well below the sentence that prosecutors had sought.
Read more »
Manafort Sentenced To 47 Months In Prison For Tax, Bank Fraud CrimesToday was sentencing day for Paul J. Manafort Jr., President Donald Trump’s former campaign chairman. U.S. District Judge T.S. Ellis sentenced Manafort to 47 months in prison, well below the sentence that prosecutors had sought.
Read more »
Trump's former campaign chief Manafort to be sentenced today for bank and tax fraudPresident Donald Trump's former campaign chairman Paul Manafort will be sentenced by a U.S. judge in Virginia on Thursday for bank and tax fraud.
Read more »
Paul Manafort sentence on bank and tax fraud charges coming ThursdayThe former Trump campaign chairman is set to be sentenced for tax and bank fraud.
Read more »
Paul Manafort says at his sentencing he feels ‘humiliated and ashamed’Paul Manafort, former Trump campaign chairman, asks judge for compassion and does not apologize for his conduct
Read more »
The Latest: Manafort sentenced to 47 months in prisonALEXANDRIA, Va. (AP) — The Latest on Donald Trump's former campaign chairman Paul Manafort (all times local): 6:59 p.m. Former Trump campaign chairman Paul Manafort has been sentenced...
Read more »
Paul Manafort sentenced to 47 months in prison for tax, bank fraudFormer Trump campaign chairman Paul Manafort has been sentenced to 47 months in prison for tax and bank fraud related to his work advising Ukrainian politicians.
Read more »
The Latest: Manafort sentenced to 47 months in prisonALEXANDRIA, Va. (AP) — The Latest on Donald Trump's former campaign chairman Paul Manafort (all times local):
Read more »