Michael Saylor, founder and former CEO of the software company MicroStrategy, is being sued by the District of Columbia, DC Attorney General Karl Anthony Racine, announced on Twitter.
According to Racine, Saylor has been living in the district for “more than a decade” and has failed to pay income taxes.
The AG also alleged that MicroStrategy helped Saylor cover the tax fraud up and thus is also subject to the lawsuit.
The lawsuit is the first case that falls under DC’s “recently amended” False Claims Act, which encourages “whistleblowers to report residents who evade our tax laws by misrepresenting their residence” Recine said, hinting that there might be whistleblowers involved in Saylor’s case.
This is a developing story.
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