White Horse Pictures founder Nigel Sinclair has been indicted for allegedly hiding over $25 million from the sales of stock in his former Intermedia production company in various offshore accounts.
In an eight count September 13 filing from the Department of Justice, the 76-year-old producer is accused of defrauding the federal government of over $5 million in tax revenue over more than 20 years.
Sinclair “conspired with others to conceal these proceeds by depositing them into nominee bank accounts in Switzerland,” the feds say.
While having not entered a formal plea yet, Sinclair, through his lawyers, is insisting on his innocence and that the DOJ has misunderstood his financial arrangements. Read the tax conspiracy indictment of Nigel Sinclair here In that vein, the grand jury indictment is in part are the result of “Swiss informants who received complete immunity from the U.S.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.