Wyly Bros. Ordered To Pay At Least $187M For Tax Fraud

By Stewart Bishop · September 25, 2014, 3:38 PM EDT

A New York judge on Thursday ordered Texas tycoon Sam Wyly and the estate of his late brother Charles Wyly Jr. to pay at least $187 million for using offshore trusts...

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Case Information

Case Title

Securities and Exchange Commission v. Wyly et al

Case Number

1:10-cv-05760

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

July 29, 2010