Sunday, March 30, 2008

This Week's IRS "Hall of Shame" Inductee: Dennis Kozlowski

If the name Dennis Kozlowski sounds familiar, it is due to the fact that he was once the CEO of Tyco OR you read the headlines back in 2002 when his tax problems were made public. That year he bought $13 million worth of paintings to grace his Manhattan apartment and attempted to avoid paying sales taxes by making it appear as if they were shipped out of state. Kozlowski stepped down after the indictment and is currently serving a 25-year sentence for his other dubious business practices.

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