Attorney billed in $225 million U.S. tax plan dies just before demo

(Reuters) – A Houston-based tax attorney who was indicted on expenses that he served disguise $225 million from the U.S. Internal Earnings Provider has died just before his trial was set to start off Monday, according to the choose presiding about his scenario.

“The court is suggested that defendant Kepke has passed absent,” U.S. District Choose James Donato in San Francisco stated in a Monday order canceling the trial.

Carlos Kepke, who was 83, was charged with helping Robert Smith, the billionaire founder of non-public equity Vista Equity Companions LLC, conceal $225 million from the IRS.

Richard Strassberg, a Goodwin Procter husband or wife symbolizing Kepke, could not straight away be arrived at. Kepke’s attorneys reported in court docket papers previous month that Kepke experienced severe heart sickness and experienced suffered two heart assaults, which includes one in 2019 that led to triple-bypass open up-heart surgery and problems.

A spokesperson for the U.S. Attorney’s Business in San Francisco did not provide any extra particulars about Kepke’s dying.

Smith was slated to testify at the trial that Kepke aided him cover hundreds of thousands of pounds employing a sequence of offshore entities and international financial institution accounts. Prosecutors billed Kepke with conspiracy to defraud the U.S. and assisting file a materially untrue tax cash flow.

Kepke pleaded not guilty to the prices. Smith signed a non-prosecution settlement with the U.S. Justice Section, admitting to taking portion in the tax evasion plan and agreeing to pay out $139 million in taxes and penalties.

Kepke is at minimum the 2nd defendant to die although combating expenses in a prison scenario linked to Smith. In August, 81-year-aged Houston know-how executive Robert Brockman died though awaiting demo in what prosecutors called the greatest tax evasion case in U.S. history.

Prosecutors reported Brockman, the chief executive of Ohio-centered Reynolds and Reynolds Co, hid $2 billion in money from the IRS above two many years, using a web of offshore organizations in Bermuda and St. Kitts and Nevis.

Smith’s cooperation assisted lead to the charges versus Brockman, prosecutors claimed. The two gentlemen had a organization romantic relationship courting back again to 1997.

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Houston tech mogul Robert Brockman charged in history U.S. tax evasion plan

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