U.S. Files Criminal Charges Against Theranos’s Elizabeth Holmes, Ramesh Balwani

Re:U.S. Files Criminal Charges Against Theranos’s Elizabeth ... by Terr_ on Saturday June 16, 2018 @01:06AM (#17325952)

They misspoke, Finland fines a percentage of income, which would include money from selling Facebook stock to pay for rent, food, yachts, etc.

IANATaxLawyer, but I imagine gaming the system would require you to take out non-taxable loans using that company stock as collateral, and hope that your lawlessness is caught during the living-on-a-loan years rather than the liquidate-and-repay years.

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Re:U.S. Files Criminal Charges Against Theranos’s Elizabeth ... by ThrustVectoring on Saturday June 16, 2018 @03:25AM (#17326379)

Or liquidate a portion of your holdings and realize your gains in a non-penalty year. Either works.

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Re:U.S. Files Criminal Charges Against Theranos’s Elizabeth ... by Retric on Saturday June 16, 2018 @05:44AM (#17326758)

That's harder to predict especially if fines are based on last years income.

Really though a ~0.1% speeding ticket fine is not going to be an issue even if the press is impressed by a very large number fine.

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Re:U.S. Files Criminal Charges Against Theranos’s Elizabeth ... by xmodem on Saturday June 16, 2018 @05:58AM (#17326791)

I’m not Finnish or a lawyer but I think their courts would see right through that sort of bullsbit

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