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A comment on How NBA executive Jeff David stole $13M from the Sacramento Kings. Parent comment

Re:How NBA executive Jeff David stole $13M from the Sacramen... by yellow_lead on Tuesday November 19, 2019 @06:30PM (#21579523)
I wonder if he paid taxes on these payments. If not, I'm sure the IRS would eventually get him.
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Re:How NBA executive Jeff David stole $13M from the Sacramen... by gamblor956 on Tuesday November 19, 2019 @07:12PM (#21579859)
It appears he prepared fake K-1s for his investment "partners" so he was filing tax returns for his "investment" company. Based on this, he likely reported those payments as capital invested in the partnership, not income.
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Re:How NBA executive Jeff David stole $13M from the Sacramen... by yellow_lead on Wednesday November 20, 2019 @11:41PM (#21591510)
Interesting, nice find.
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