01.19.10
Firm of Bill Gates’ Father Accused of Enabling Looting of $500,000,000, Microsoft Tax Dodge Goes to Olympia, Department of Justice Prioritises Financial Fraud
Summary: Gates Senior (shown above) potentially caught in another scandal; Microsoft’s practices of not paying tax finally get the wrath of Washington and memories of Microsoft’s financial fraud are returning
ON SEVERAL occasions in the past we wrote about K&L Gates [1, 2, 3], which houses 1,900 lawyers in 33 offices. They have enormous power in this nation. As the name may suggest, the father of Microsoft co-founder Bill Gates is in there helping his son (Microsoft is a K&L Gates client).
According to this item from the news, a $500,000,000 “looting” was “enabled by law firm and partner”.
Guess which law firm?
Marc Kirschner, the bankruptcy trustee overseeing the liquidation of the defunct Latrobe firm, filed an amended complaint in Allegheny County Friday against K&L Gates and partner Sanford Ferguson that alleges Ferguson conducted a substandard internal probe into allegations that Podlucky was engaged in major fraud when he ran the company.
Mike Rick, a spokesman for K&L Gates, had no comment on the new filing.
Ha!
Let us not forget that the Gates Foundation, which both Bill Gates and his father are most deeply involved in, is a tool for evading tax. Felonious families are very skilled at using their money for reputation laundering (or PR) and there are many other examples.
And speaking of which, Mr. Reifman, who used to work for Microsoft, carries on with his mission to expose Microsoft’s massive tax dodge [1, 2, 3, 4, 5, 6, 7, 8]. Here is his latest update:
Microsoft Tax Dodge Heads to Olympia
On Monday, we made a virtual road trip to Olympia, mailing letters to the entire Washington State Legislature about Microsoft’s $1.24 billion tax dodge.
The Legislature just got into session for what looks to be an ugly year. Basically, there’s a $2.6 billion deficit and as the Seattle Times put it: “nothing but bad choices”.
Financial fraud has just been called “a top DOJ priority”, so it is time for the DOJ (unfortunately filled with Microsoft cronies [1, 2, 3, 4, 5, 6, 7, 8, 9]) to look again at Microsoft’s financial fraud, which a Microsoft insider helped expose a decade ago [1, 2, 3]. This was never properly resolved and Microsoft’s CFO decided to quit two months ago. Someone from the SEC or the IRS ought to make a visit. █
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