Billionaire's $15 Million Fishing Lodge Faces Seizure in Record Tax Case

For perspective on a tax fraud case in which authorities are trying to seize a $15 million Colorado fishing compound and a Swiss bank account worth $78 million, Bloomberg Law turned to Peter D. Hardy, a member of Ballard Spahr's Litigation Department and the editor of the firm's Money Laundering Watch blog. Mr. Hardy, who is not involved in the case, offered insight into why and how the assets at issue had come into the crosshairs of the IRS.

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