James Simons, Robert Mercer, Others to Pay $7B to Settle Tax Probe(wsj.com)

30 pointsby hemancusovor 5 Jahren2 comments

James Simons, Robert Mercer, Others to Pay $7B to Settle Tax Probe

https://www.wsj.com/articles/james-simons-robert-mercer-others-at-renaissance-to-pay-7-billion-to-settle-tax-probe-11630617328

3 comments

zigradettvor 5 Jahren

James Simons was caught trying to hide $8 Billion dollars, a lot of it Russian money, in Bermuda. Look up the PARADISE PAPERS.

Robert Mercer did stuff just as dirty, but never quite got caught the same way.

[deleted]vor 5 Jahren

abb1234etricvor 5 Jahren

A rare situation where everyone feels like they came out ahead. The us govt gets to say they clawed back 7bn in taxes. And rentec gets to keep the gains from having invested the 7bn for close to a decade at their absurdly high rate of return. Smart!