Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
He's got them low-down GPS bracelet blues
March 16, 2010
A Minnesota bluesman awaiting sentencing on tax evasion avoided being locked up right away, but he won't be hard to find, reports StarTribune.com:
After a court hearing packed with his customers and employees, Steven M. Renner remained a free man Monday despite a federal prosecutor's efforts to have him locked up because of allegations that he ran a Ponzi scheme. He will be required to wear a GPS tracking device, U.S. District Judge Donovan Frank decided.
Why did The Man want him locked up right away?
On Feb. 19, agents of the U.S. Secret Service and FBI raided Renner's businesses, looking for evidence of what they said is a "suspected Ponzi scheme that is headquartered in Minneapolis and that is operating over the Internet." Agents also seized business accounts holding more than $24 million.
Not a bad stash for a bluesman.
Bookmark: del.icio.us • Digg • reddit
TrackBack
TrackBack URL for this entry:
http://www.rothcpa.com/mt/contages.cgi/1676
Tax Updates
Subscribe to Tax Updates
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Search Tax Updates
Friends and Neighbors
Economics Nerds
Hard-Core Tax Nerds
Gigablogs
Insurance Folk
Goners
Legislation
Tax Update Data Feeds
