Earnings

Pennsylvania Attorney Confesses to Evading Taxes on Earnings from Major Legal Settlements

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Philadelphia, PA — A prominent Pennsylvania attorney has admitted to evading federal income taxes, implicating earnings derived from substantial legal fees related to mass tort litigation. The scheme, uncovered by federal investigators, involved the concealment of millions of dollars in professional fees associated with high-profile legal cases. The attorney, whose high-stakes legal battles have made waves in the legal community for years, failed to report approximately $2.4 million in income from 2012 to 2015. This substantial omission led to a federal indictment, with charges filed in the U.S. District Court for the Eastern District of … Read more

Katie Price’s TikTok Earnings Frozen Amidst Ongoing Bankruptcy Proceedings

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LONDON — In a recent ruling that tightens the reins on her finances amidst ongoing bankruptcy proceedings, British celebrity Katie Price’s earnings from TikTok have been temporarily frozen. This decision marks the latest development in the legal efforts to manage the substantial debts accumulated by the former glamour model. The Insolvency and Companies Court judge, Catherine Burton, mandated the suspension during a court hearing on Monday. These proceedings fall under Price’s larger financial scrutiny, which has included control over her income from various sources like the adult entertainment platform, OnlyFans. Earlier this year, Price was … Read more

Disbarred Lawyer Admits to Dodging Taxes on $100 Million Earnings in Federal Court

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Philadelphia, PA – A former attorney admitted to tax evasion charges in a Pennsylvania federal court on Wednesday, confessing to not paying federal income taxes on over $100 million earned from his legal practice. The disbarred lawyer, whose name has not been disclosed, entered a guilty plea to a single count of tax evasion, facing substantial penalties and prison time. The U.S. Attorney’s office in Pennsylvania stated that the attorney’s failure to pay taxes contributed to a significant loss of federal revenue. The case has drawn attention due to the large sum involved and the … Read more

Sphere Entertainment Co. Teases Positive Earnings After a Quarter of Operations in Las Vegas

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Las Vegas, Nevada – Sphere Entertainment Co., the company behind the $2.3 billion performance venue known as Sphere, is set to report earnings in early February after a full quarter of operation. The venue has been the talk of the town since it started glowing on the Fourth of July, but company officials have remained tight-lipped about the number of attendees and revenue generated. However, despite the lack of specific data, it appears that Sphere may have turned a corner after reporting significant losses in the previous quarter. The U2 residency at the venue has … Read more