Trip Hawkins is in hot water.
Industry veteran and EA founder Trip Hawkins owes the IRS $20 million in unpaid taxes, a US judge has ruled.
According to a Forbes report, US District Court Judge Jeffrey White has rejected Hawkins attempt to dodge back taxes owed on the huge wealth he accrued from founding Electronic Arts by declaring personal bankruptcy.
White upheld a previous ruling stating that Hawkins had been spending huge sums of money despite the fact that he was knowingly insolvent. Evidence cited included his recent purchase of a $70,000 car, which is allegedly the fourth vehicle in a two-driver household.
Source: http://www.eurogamer.net/articles/2011-03-28-ea-founder-owes-irs-USD20m
No comments:
Post a Comment