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Wednesday, April 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

BDO Fined $50 Million for Tax Frauds

MANHATTAN (CN) - BDO USA, formerly BDO Seidman, admitted criminal wrongdoing and will pay $50 million to the United States for a tax fraud that generated $6.5 billion in phony tax losses for wealthy clients, the U.S. Attorney's Office said.

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