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Wednesday, 25 May 2016 12:07

Former Morgan Stanley Exec Indicted for Art Tax Evasion

Preet Bharara. Preet Bharara. Wikipedia

Preet Bharara, the U.S. Attorney for the Southern District of New York, has indicted former Morgan Stanley executive and well known energy investor, Morris Zukerman, for failing to pay over $4.5 million in taxes on a number of Old Master paintings. Zukerman is also accused of tax evasion in connection to the $130 million sale of an oil company he owned.

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