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Keyword: walteranderson

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  • Telecom Mogul's Lofty Dreams Plummet

    03/27/2005 2:15:46 PM PST · by anymouse · 2 replies · 347+ views
    Washington Post ^ | March 26, 2005 | Michael E. Ruane and Manny Fernandez
    The "mysterious Mr. Zzylch" boarded the posh Gulfstream executive jet for his Russian business trip accompanied by a few friends, a pizza somebody grabbed along the way and the board game Risk, just for laughs. Zzylch, as millionaire Washington telecom mogul Walter C. Anderson once jokingly called himself, was in negotiations with Russian officials to lease their moribund orbiting spacecraft, Mir. They needed money. He had plenty.
  • Tax Case Defendant Says Money Was to Do Good - Telecom Investor Held in D.C. Jail

    03/05/2005 10:10:19 PM PST · by anymouse · 6 replies · 388+ views
    Washington Post ^ | March 4, 2005 | David S. Hilzenrath, Carol D. Leonnig and Yuki Noguchi
    Jailed and held without bond in the nation's largest alleged personal tax-evasion scheme, telecom investor Walter Anderson says the federal government has got it all wrong. He isn't a tax cheat, he said Wednesday night in a conference room at the D.C. jail. He was going to use the money to change the world. To fight for arms control and human rights. To promote family planning and space exploration. He was going to give the money away, starting next year. (snip) Yesterday, U.S. Magistrate Judge Alan Kay ordered Anderson held at the D.C. jail until a March 11 hearing. He...
  • Art Collector is Charged in Record Offshore Tax Fraud Case

    03/01/2005 1:28:46 PM PST · by anymouse · 6 replies · 608+ views
    Financial Times (UK) ^ | February 28 2005 | Stephanie Kirchgaessner
    An American businessman alleged to have hidden nearly half a billion dollars in earnings in offshore accounts has been arrested by US authorities and charged with tax evasion, obstructing the Internal Revenue Service and fraud. It is the biggest criminal tax fraud prosecution in US history. Walter Anderson, a telecommunications entrepreneur who used the pseudonym Mark Roth, was arrested on Saturday at Washington's Dulles airport after arriving from London. He was charged with evading more than $200m in taxes over five years and faces up to 80 years in prison if found guilty. He reportedly pleaded innocent. An art collector...
  • Space Entrepreneur Walt Anderson Charged With Tax Evasion

    03/01/2005 3:41:31 PM PST · by anymouse · 16 replies · 608+ views
    The government announced the indictment and arrest of space tourism and telecommunications entrepreneur Walt Anderson, accused of evading $200 million (euro151 million) in federal and local taxes, the largest U.S. criminal tax case ever filed against an individual. Anderson, chief executive officer of Orbital Recovery Corp., was accused of hiding income by using offshore corporations in the British Virgin Islands and Panama and a mailbox in the Netherlands. The indictment announced Monday charged the 51-year-old Anderson with hiding income from tax collectors through offshore corporations and bank accounts and claiming to be a resident of the state of Florida to...
  • Telecommunications Entrepreneur Walter Anderson Indicted and Arrested for Tax Evasion

    03/01/2005 11:36:49 AM PST · by anymouse · 19 replies · 1,272+ views
    WASHINGTON, D.C. - Assistant Attorney General Eileen J. O'Connor, of the Justice Department's Tax Division, Attorney Kenneth L. Wainstein of the District of Columbia, Mark W. Everson, Internal Revenue Service Commissioner; and Daniel J. Black, Deputy Chief Financial Officer for the District of Columbia's Office of Tax and Revenue, jointly announced the indictment and arrest of Walter Anderson, 51, a local telecommunications entrepreneur, on tax evasion and related charges. A federal grand jury sitting in Washington, D.C. returned the 12-count indictment last Wednesday under seal. Anderson was arrested Saturday, February 26 and will be presented this afternoon before a U.S....
  • FED TAX CHEAT OWES $210M (hid income from taxman offshore in BVI, Panama)

    03/01/2005 2:38:31 AM PST · by Liz · 23 replies · 785+ views
    NY POST ^ | March 1, 2005 | PAUL THARP
    The feds have arrested a high-living telecom executive as the largest-ever tax cheat — who owes $210 million to the Internal Revenue Service. Investigators said Walter Anderson, 51, earned as much as a $500 million on his telcom wheeling-dealing during the industry's heyday in the early 1990s, but evaded paying taxes on his fortune by using off-shore scams. Anderson, who lives in Washington, D.C., was arrested at Dulles International Airport when he arrived from a London trip. Anderson was described as a big-spender and art collector, who owed back taxes on luxury items such as rare wines, jewelry and fine...
  • I.R.S. Accuses Man of Hiding $450 Million

    03/01/2005 2:12:17 AM PST · by rdb3 · 43 replies · 970+ views
    New York Times ^ | 1 MARCH 2005 | DAVID CAY JOHNSTON
    March 1, 2005 I.R.S. Accuses Man of Hiding $450 Million By DAVID CAY JOHNSTON ASHINGTON, Feb. 28 - A prominent telecommunications entrepreneur who once tried to mount a rescue of a Russian space station has been arrested and charged with evading taxes by hiding at least $450 million of income through offshore corporations.According to a 12-count indictment released on Monday that federal prosecutors called the largest criminal case of individual tax evasion, the entrepreneur, Walter Anderson, 51, did not pay over $210 million in federal and local income taxes he owed for the years 1995 through 1999 alone."Mr. Anderson...
  • Telecom Executive Accused of Evading $210 Million in Taxes

    02/28/2005 1:21:08 PM PST · by Willie Green · 8 replies · 597+ views
    The New York Times ^ | February 28, 2005 | DAVID STOUT
    For education and discussion only. Not for commercial use. WASHINGTON, Feb. 28 - A Washington telecommunications entrepreneur has been accused of evading more than $200 million in taxes by hiding almost a half-billion dollars in personal income through an elaborate network of offshore corporations. The Justice Department said today that the entrepreneur, Walter Anderson, took in vast sums throughout the 1990's in what it called one of the largest tax-evasion schemes ever. The department said Mr. Anderson, 51, evaded paying about $170 million in federal taxes and $40 million in taxes to the District of Columbia. Mr. Anderson was arrested...
  • Ehrlichman ID'd Kissinger as Watergate 'Deep Throat'

    02/18/2005 8:12:33 PM PST · by hope · 76 replies · 2,867+ views
    Friday, February 18, 2005 MEDIA MATTERSEhrlichman ID'd Kissinger as Watergate 'Deep Throat' Powerful Nixon aide 'believed it very strongly,' 'was absolutely convinced' Posted: February 18, 20058:58 p.m. Eastern © 2005 WorldNetDaily.com The identity of "Deep Throat" – the mysterious source that helped Washington Post reporters Bob Woodward and Carl Bernstein break open the Watergate scandal that ended Richard Nixon's presidency – has never been revealed, although it's been the object of much speculation over the past 30 years. Henry Kissinger Now, it turns out that one of Nixon's top aides, John Ehrlichman, who spent time in prison for his role in...