Software CEO Charged in $2B Tax Fraud Case

Law360 (October 15, 2020, 2:11 PM EDT) -- Robert Brockman, chief executive officer of a multibillion-dollar software company, has been charged with using offshore entities to hide approximately $2 billion from the IRS — the largest ever tax fraud case against an individual, a federal prosecutor said Thursday.

David L. Anderson, U.S. attorney for the Northern District of California, in June. On Thursday, Anderson announced the indictment of Robert Brockman, CEO of software developer Reynolds & Reynolds, in an alleged tax fraud scheme stretching over 20 years. (AP Photo/Ben Margot) Brockman, CEO of software developer Reynolds & Reynolds Co., hid assets from the Internal Revenue Service for over 20 years, according...

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