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TAX COLLECTORS STRIKE BLOW AT BACHELOR'S LIBRARY, AFFILIATES
March 15, 2005
A nationwide obscenity and tax investigation has led to indictments of an owner of nine Iowa dirty bookstores on tax and obscenity charges.
The indictment holds that Edward Wedelstedt used his wholly-owned "Goalie Entertainment Holdings, Inc." to distribute obscene material and evade taxes "by not reporting large sums of cash income."
A Des Moines man, Arthur Morris Boton, was also charged.
This seems to be the kind of investigation that everybody wants in on:
Richard B. Roper, United States Attorney for the Northern District of Texas, said, “This indictment is a result of excellent cooperation between federal, state, and local law enforcement. Federal prosecutors in Washington, Dallas and Austin, along with prosecutors with the Dallas District Attorney's Office, teamed up to tackle a nationwide organization which, the indictment alleges, was devoted to the distribution of degrading obscene material.”
Detective Fife, you need another roll of quarters? That's the fifth today!
“The investigation leading to today's indictment exemplifies a true team effort,” said Marcy Forman, Director of Investigations for U.S. Immigration and Customs Enforcement. “Our coordinated pursuit and investigative expertise in money laundering, criminal interstate trafficking and tax fraud has uncovered the individuals who distributed obscene material while engaging in federal tax crimes related to their illicit profits.”
Isn't "uncovering individuals" part of the problem at these places?
This is only the latest blow to Iowa's "adult entertainment" industry.
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Comments
Who say's that tax accounting can't be sexy?
Posted by: Royce | March 15, 2005 2:16 PM
Maybe not sexy, exactly, but obscene, certainly.
Posted by: Joe Kristan | March 15, 2005 2:57 PM
What's wrong with bein' sexy?
Posted by: Nigel Tufnel | March 15, 2005 7:10 PM
Only actuaries really think accountants are sexy.
Posted by: Joe Kristan | March 15, 2005 7:13 PM