“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 … [Read more…]
“Robert F. Smith, the Denver native whose tech investing made him a multi-billionaire, is set to avoid prosecution for tax evasion after reaching a $139 million settlement with the government, officials announced Thursday. Smith, an alumnus of Denver’s East High School, has been under federal investigation since 2016 for dodging taxes on $200 million … [Read more…]
“Denver-born billionaire and philanthropist Robert F. Smith is under criminal investigation for potential tax crimes, according to reporting by Bloomberg. In a story published Friday, Bloomberg reporters detailed a U.S. Department of Justice investigation into whether or not Smith paid U.S. taxes on about $200 million in assets moved through financial structures based in … [Read more…]
“Craft breweries are one of Denver’s signature industries, but for many people, they also are also a symbol of gentrification — of mostly white-owned companies moving into lower-income neighborhoods and pushing out the businesses or residents who were already there. Taylor Rees was acutely aware of that when he and two partners opened Spangalang … [Read more…]
“Compared to the history of the Denver Broncos, Denver International Airport, or iconic citizens like Margaret “The Unsinkable Molly” Brown, Denver’s African-American history is a poorly understood thing. Turns out that’s true across the Rocky Mountain West. For all of the strides made toward inclusion over the decades — from the 1971 opening of … [Read more…]