INCOME TAX EVASION
A CASE IN AMERICA PUBLISHER CHARGED (United Press Association) (By Electric Telegraph—Copyright) CHICAGO, Aug. 11. The grand jury indicted M. L. Annenburg, publisher of the Philadelphia Inquirer and wireless and movie magazines, and the owner of a racing news service, on charges of evading over 5,500,000 dollars of income taxes and penalties. This is reported to be the largest income tax case in the Government's history. Officials said it was only one of a series of indictments expected to result from the enterprises of the ex-newsboy, who has amassed a fortune by publishing racehorse information The indictment covers the period 1932 to 1936, inclusive, and brings to a climax two years' investigation by Government aaents, and nine weeks of grand jury hearings, in which 50 auditors were necessary to break down the comolicated book-keeping of Annenburg's many companies. The indictment also named three officials of Annenburg's top holding and operating company, including his son, Walter Annenburg.
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Bibliographic details
Otago Daily Times, Issue 23886, 14 August 1939, Page 10
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159INCOME TAX EVASION Otago Daily Times, Issue 23886, 14 August 1939, Page 10
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