A Houston software executive was charged Thursday with hiding approximately $2 billion in income from U.S. tax authorities over 20 years, in what officials said was the largest criminal case ever brought against a person accused of evading U.S. taxes. Robert T. Brockman, chief executive of automotive software-maker Reynolds & Reynolds Co., was indicted on charges including tax evasion, money laundering, failure to disclose assets held overseas and wire fraud. Mr. Brockman is the sole investor in the first private-equity fund...

Source: Wall Street Journal October 15, 2020 19:41 UTC