Insufferable former Citrin Cooperman client Martin Shkreli is no longer behind bars. From the Wall Street Journal: Martin Shkreli, the so-called “pharma bro” who was widely criticized for raising the price of a lifesaving AIDS drug, has been released from federal prison. Mr. Shkreli departed the Federal Correctional Institution Allenwood Low on Wednesday, according to […]
Oh Joe Francis, why won’t you just take your Douche of the Decade trophy and ride off into the sunset?
Actually we know why. The IRS froze $22 million of Douche of D’s money because he still owes them $23 million for taxes owed in 2001, 2002, and 2003. J. Fran would not stand for such aggression and, being the savvy tax guy that he is, sued the Service to get access to his accounts. He concluded that the IRS was just bent out of shape that he got out of additional jail time.
The IRS claims that the real reason that they’re freezing DoD’s assets is that he tried moving the money offshore after his plea. And unless you’re Joe Francis, you know is not such best course of action these days.
IRS can freeze ‘Girls Gone Wild’ money [Don’t Mess With Taxes]