Ex-Billionaire on Tax Shelters: I Trusted My Lawyers. Judge: Not Good EnoughBy and
Wyly lost a related SEC fraud lawsuit in Manhattan in 2014
Dallas bankruptcy judge says Wyly can’t ‘hide behind others’
Former billionaire Sam Wyly may have been hoping for a better outcome on his home turf as a Texas judge weighed tax-evasion claims related to the fraud trial he lost in New York two years ago. He didn’t get it.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.