Monday, March 16, 2009

Allen Stanford Owes $226 Million in Back Taxes

Posted By on Mon, Mar 16, 2009 at 4:00 AM

From ABCNews.com: Accused billionaire swindler R. Allen Stanford and his wife owe the IRS $226.6 million in back taxes, according to a new court filing by the IRS. A lien filed in Stanford's divorce records indicated he owed $114 million, but the new IRS filing shows the total debt is nearly twice that figure. IRS says Allen Stanford owes $226 million in back taxes A lien filed in accused billionaire swindler R. Allen Stanford's divorce records indicated he owed... Expand A lien filed in accused billionaire swindler R. Allen Stanford's divorce records indicated he owed $114 million, but the new IRS filing shows the total debt is nearly twice that figure. Stanford and his wife filed for divorce in 2007; the matter is still unresolved.

Stanford and his wife filed for divorce in 2007; the matter is still unresolved.

More here. Read Flyer stories on Stanford, here and here.

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