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 to secretly trade stocks while evading taxes, but said the ultimate penalty may be twice as much....

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