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Can David Breach move Vista Equity past Robert Smith's tax scandal?

Vista Equity Partners; Patrick McMullan/Patrick McMullan via Getty Images; Paras Griffin/Getty Images; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. David Breach started at Vista Equity Partners in 2014 as its chief administrative officer. Hes playing a more public role as it raises money after its founders tax-evasion settlement. Breachs colleagues, clie...
New York United States Los Angeles County New Mexico San Francisco Stephen Oetgen

Criminal Tax Cheat Robert Smith of Private Equity Firm Vista Gets a Pass for Conduct Worse Than Apollo's Leon Black, Now in Epstein Doghouse

Neil Weinberg and David Voreacos published an in-depth account at Bloomberg of how private equity baron Roger Smith escaped being indicted for criminal tax fraud despite having concealed over $200 million in income. The very short version is that Smith and his allies got to Attorney General William Barr, both through Barr’s former firm Kirkland & Ellis, where Smith’s private equity firm spends $80 million a year in legal fees, and astonishingly getting the national security apparatus, for r...
New York United States Public School Carnegie Hall Cornell University North Palm Beach

How Austin billionaire Robert Smith avoided indictment for evading $43 million in federal taxes

How Austin billionaire Robert Smith avoided indictment for evading $43 million in federal taxes Attorney General William Barr ultimately made the call to handle Smith’s case with a non-prosecution agreement. Visate Equitys Robert Smith of Austin is best known for paying off the college debt of Morehouse College graduates in 2019.(Ricky Carioti / The Washington Post) U.S. prosecutors and Internal Revenue Service agents spent four years piercing the veil of secrecy that billionaire money manage...
New York United States Carnegie Hall Cornell University Fort Worth North Palm Beach

Billionaire Robert Smith Avoided Tax Charge With National Security, Barr Appeals

Feb 04 2021, 10:03 AM February 03 2021, 4:30 PM February 04 2021, 10:03 AM (Bloomberg) -- U.S. prosecutors and Internal Revenue Service agents spent four years piercing the veil of secrecy that billionaire money manager Robert F. Smith wove to hide more than $200 million in income. Last year, according to people familiar with the matter, a team led by the Justice Department’s top tax prosecutor argued to then-Attorney General William Barr that the evidence warranted indicting Smith, who...
New York United States Carnegie Hall Cornell University North Palm Beach Mark Matthews

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