Turbo Tax cheat Stanford, wife owes $226.5 million in back taxes

By Antoinette,

Conservative GOP mouthpiece Sean Hannity has no problem calling Secretary of Treasurer Timothy Geithner a "Turbo Tax cheat." But Hannity has problems calling his biggest radio sponsor and business pal Robert Allen Stanford a "Turbo Tax" cheat. Why the double standard? Why his Hannity protecting Stanford?

This article from CNN. Read and scream.

"American financier R. Allen Stanford and his wife owe back taxes penalties and interest of at least $226.5 million, the IRS said in court documents filed in Dallas, Texas.

The IRS says Robert Allen Stanford owes taxes, penalties and interest of at least $226.5 million.

The final total could be even higher because the Stanfords have not filed their income tax return for 2007. The IRS says they owe $110 million in back taxes, $55.8 million in penalties and $60.7 million in interest for the 1999 through 2003 tax years.

The Securities and Exchange Commission has said that Stanford was behind "a fraud of shocking magnitude." FBI agents served Stanford with SEC papers accusing him and three of his companies of orchestrating a $9.2 billion investment fraud scheme.

With the filing, the IRS joins thousands of other creditors in the case who are seeking a crack at Stanford's remaining assets. The documents were filed in U.S. District Court on Friday, but weren't released until Monday.

In September, Forbes magazine named Stanford No. 205 in its 400 Richest Americans article, saying he was worth more than $2 billion."


Hannity will make an appearance March 21 at Book Revue, 313 New York Ave., Huntington, NY 11743
(631) 271-1442.
www.bookrevue.com. I know Dave would have gone to this event and ask Hannity why is he covering up for Stanford. In honor of Dave, we are seeking citizen journalists (New Jersey, New York, Long Island area) to attend this event and report on it. Ask Hannity's fans if they have a problem with Hannity personally endorsing tax cheat Stanford on his radio program.

Don't do it for me, do it for Dave.

 

 

 

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