Tax Fraud Blotter: 'No legitimate purpose'

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Tax Fraud Blotter: 'No legitimate purpose'

Shadow preparer; an unusual exit strategy; a Jag, a Benz and a sentence; and other highlights of recent tax cases. Kansas City, Kan.: Preparer Alfred
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Gothamist and DNAinfo Are the Latest Victims of the Billionaire War on Journalism

It could be razed by a future owner of Newsweek. It could be sued out of existence by a billionaire. It could vanish from the internet overnight, a tiny casualty in a larger acquisition or corporate shutdown.
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Wells Fargo Adds $1 Billion to Possible Legal Cost

Wells Fargo & Co. added $1 billion in the third quarter to what it says the bank may face in possible legal expenses. Legal costs could potentially be $3.3 billion more than what the San Francisco-based bank has reserved, Wells Fargo said Friday in a
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Australian Lawmaker Resigns as Dual-Citizenship Fiasco Widens

One of Australian Prime Minister Malcolm Turnbull's lawmakers resigned from parliament, saying he may be a dual citizen, leaving the government at
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Mattel: It's Better to Be Lucky Than Good

Shares of Mattel (MAT) are soaring in after-hours trading this evening after the Wall Street Journal reported that Hasbro (HAS) had made overtures about a possible merger.
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