Tyco’s Former CFO Faces Tax Charges
- Share via
Tyco International Ltd.’s former chief financial officer, already charged with stealing more than $600 million from the company, now faces federal tax evasion charges.
Mark Swartz, 45, was indicted by a federal grand jury on charges of evading almost $5 million in federal income taxes, the U.S. attorney’s office in New Hampshire said.
The charges allege that Swartz failed to include on his 1999 tax return a $12.5-million bonus he received from Tyco in August 1999.
Swartz’s attorney said he would plead not guilty.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
