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Roger Stone Sued for Unpaid Taxes

Roger Stone Sued for Unpaid Taxes
Roger Stone leaves Federal Court after a sentencing hearing February 20, 2020, in Washington, DC. (BRENDAN SMIALOWSKI/AFP via Getty Images)

By    |   Saturday, 17 April 2021 09:33 AM EDT

The United States Justice Department has filed a civil lawsuit against Roger Stone, who is said to owe around $2 million in unpaid federal income taxes.

A federal district court in Fort Lauderdale, Florida, on Friday alleged Stone, a longtime ally of former President Donald Trump, used a limited liability corporation called Drake Ventures to "receive payments that are payable to Roger Stone personally, pay their personal expenses, shield their assets, and avoid reporting taxable income to the IRS," according to The Hill.

The lawsuit reads, "Although they used funds held in Drake Ventures accounts to pay some of their taxes, the Stones’ use of Drake Ventures to hold their funds allowed them to shield their personal income from enforced collection and fund a lavish lifestyle despite owing nearly $2 million in unpaid taxes, interest and penalties."

The filing goes on to say, "The Stones were in substantial debt to the United States at the time of the transfer, rendering them insolvent at the time of the transfer and unable to pay their debt to the United States," according to The Washington Post.

"This is yet another example of the Democrats weaponizing the Justice Department in violation of the rule of law," Stone said in a statement Friday night, according to NBC News. "I will fight these politically motivated charges and I will prevail again.

"This case against me is motivated by blood lust and liberal hysteria over the fact that President Trump saw the clear corruption of my trial and had the strength and the courage to correct this injustice by issuing me a grant of clemency."

According to NBC, the filing looks to stop Stone from transferring dominion of his $525,000 Florida condominium to an entity known as the Family Revocable Trust, which is said to be controlled by Stone's wife, Nydia Stone. The suit also seeks a judgment of $1,590,361.89 to be paid.

The government said the Stones had been paying monthly installments of $20,000 but stopped. The filing also claims that, in 2018, Stone filed his federal income tax return separately from his wife and owes an additional $407,036.84.

"The Stones intended to defraud the United States by maintaining their assets in Drake Ventures' accounts, which they completely controlled, and using these assets to purchase the Stone Residence in the name of the Bertran Trust," the filing said.

Currently, Stone has no representation. The charges are being brought nearly four months after Trump had pardoned Stone. 

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Politics
The United States Justice Department has filed a civil lawsuit against Roger Stone, who is said to owe around $2 million in unpaid federal income taxes. A federal district court in Fort Lauderdale, Florida, on Friday alleged Stone...
roger stone, trump, florida
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2021-33-17
Saturday, 17 April 2021 09:33 AM
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