Billionaires can avoid paying taxes equal to what people make in life time. It is fraud.
Why should Bernie Madoff gone to jail then?! if some guy can steal a car then?
The scale matters.
Why should Bernie Madoff gone to jail then?! if some guy can steal a car then?
The scale matters.
I suspect, if the victims of his schemes had just been a bunch of plebes like us, then he would be sunning on the Riviera, right now.
It just takes one...
Have a great day!
Fraud and tax fraud are different crimes, and even if they were the same the number of counts in Madoff's case would be vastly different.
In other words, you're much better off committing tax fraud than running a Ponzi scheme targeting rich people. Plus, I suspect that if Madoff had walked he would have died shortly thereafter in some freak accident or an apparent suicide .