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July 19, 2006

Grand Jury May Soon Indict Bonds on Tax Charges

BondsThe Associated Press reports today a San Francisco grand jury may soon indict Barry Bonds on tax evasion charges:  Unpaid Taxes Could Be Bonds' Downfall:

The easy money Barry Bonds made by aggressively selling his name, likeness and sports equipment through his Web site and brief autograph sessions in hotel conference rooms could prove to be the embattled slugger's legal undoing. A federal grand jury is probing whether he paid taxes on some of that fortune, and key government witnesses include a scorned business partner and a jilted lover who profited from the name ''Barry Bonds.'' He also is being investigated for allegedly lying to another federal grand jury about his steroid use. Legal analysts said proving the Giants star cheated the IRS out of its cut of memorabilia sales is far easier to prove than perjury.

July 19, 2006 in News | Permalink

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A lot of the tax news while I was gone was things thad didn't happen. The estate tax wasn't repealed;... [Read More]

Tracked on Jul 24, 2006 9:31:56 AM

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