Robert Smith, the Texas billionaire who last year promised to pay off the debt of the graduating class of Morehouse College, has admitted to tax evasion through an illegal scheme that used offshore banks for 15 years, prosecutors said on Thursday. The US Justice Department said Mr Smith, 57, entered into a Non-Prosecution Agreement for his involvement in the...Full Article
Robert Smith: Billionaire who promised to pay off students' debt admits to tax fraud
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Robert Smith is known as the richest Black America and has appeared on Forbes list of the wealthiest people in the country.
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