Netflix is facing scrutiny from authorities in France and the Netherlands over potential tax fraud and money laundering. Investigators searched the streaming giant’s offices in Paris and Amsterdam, raising concerns about Netflix’s financial practices in Europe. The investigation comes at a time of leadership changes within Netflix, with the departure of key executives.
Hunter Biden, the son of President Joe Biden, pleaded guilty to federal tax charges in a shocking courtroom twist. The plea deal, which came after Hunter’s lawyers initially intended to argue he was too intoxicated to be responsible for his actions, leaves the president facing pressure to make a decision on a potential pardon for his son. Legal experts weigh in on the implications of the plea and the potential for a pardon.
A Michigan asphalt company has been fined $6.5 million for participating in a bid-rigging scheme, while a Texas tax preparer has been permanently barred from preparing tax returns due to inflating customers’ refunds. In Florida, a man pleaded guilty to evading nearly $2.4 million in taxes on income earned from his medical equipment business.
Kevin M. Kennedy, a former golf pro in Springfield, was sentenced to 13 months in prison for committing tax and bank fraud. This sentence concludes a lengthy investigation that drew extensive attention from the city government.
Peter Byron, the former mayor of Wildwood, New Jersey, has been indicted on charges of official misconduct, tampering with public records, and tax offenses. The allegations stem from his time as an elected city commissioner and mayor, and involve accusations of using his position to request a job from a city attorney, aiding in fraudulent tax returns, and failing to pay state taxes on earnings of around $40,000.
