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Texas Software Billionaire Charged in Largest Tax Fraud Indictment in US History

He’s accused of hiding $2 billion from taxes.

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A Texas software billionaire is being charged with tax evasion in a case federal prosecutors are describing as the largest incidence of tax fraud in American history.

79-year old Robert Brockman was charged in a 39-count indictment that includes charges of money laundering, conspiracy, wire fraud, and tax evasion, with an indictment being unsealed by the US Attorney for the District of San Francisco on Thursday.

Brockman is the CEO of the Reynolds & Reynolds Company, which develops software for automotive companies. He’s being accused of hiding more than $2 billion in capital gains from the IRS, utilizing a complex scheme of companies and trusts registered in notorious Caribbean tax havens such as the British Virgin Islands to conceal his wealth.

Trending: Grassroots Leaders Send Final Warning to GOP Establishment: Rejecting Trump Means Death of Republican Party

Brockman is alleged to have intentionally destroyed electronic devices, documents and other pieces of evidence that would reveal the nature of his tax avoidance system in the unsealed indictment. He was released from jail custody on a $1 million bond Thursday, and has plead not guilty to the charges.

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David Anderson, a San Francisco federal prosecutor, described the magnitude of Brockman’s alleged tax cheating setup at a press conference announcing the charges on Thursday. “The allegation of a $2 billion tax fraud is the largest-ever tax charge against an individual in the United States,” he said.

The evidence that led to the indictment of Brockman was largely obtained from another billionaire, Robert Smith. Smith agreed to a non-prosecution with federal authorities earlier this month for tax evasion of his own, providing information on tax avoidance schemes utilized by the ultra-wealthy.

Greed of this nature is absolutely sickening, if the allegations made in the indictment are legitimate. The IRS should relentlessly pursue billionaires such as Brockman and Smith, making their tax compliance the priority over “average” Americans.

The Swamp

Dan Crenshaw White Knights for Liz Cheney After Republicans Blast Her Support for Trump’s Second Impeachment

Birds of a feather flock together.

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Liz Cheney, daughter of Dick, was one of ten GOP House members to vote “yes” on President Donald Trump’s unprecedented second impeachment. Then when some were calling on Cheney to resign over her disgraceful vote, Dan Crenshaw, who voted against impeachment, quickly came to her defense and announced his “full support” for her.

“Let’s get some truth on the record: @Liz_Cheney has a hell of a lot more backbone than most, & is a principled leader with a fierce intellect,” Crenshaw tweeted Wednesday afternoon. “She will continue to be a much needed leader in the conference, with my full support.”

“We can disagree without tearing each other apart,” he added.

Crenshaw himself was then roundly criticized in the replies to his tweet.

Cheney’s vote comes as no surprise. Big League Politics reported on her recent statement in support of Trump’s second impeachment, part of which read: “There has never been a greater betrayal by a President of the United States of his office and his oath to the Constitution. I will vote to impeach the President.” For this CNN laughably called her the “conscience of Republicans.”

Read More: No, Liz Cheney is Not the Future of the GOP

As the old saying goes, “birds of a feather flock together.” Dan Crenshaw and Liz Cheney most certainly do not represent the future of the GOP.

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