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Carlos Costa facing jail time for $1.3 million dollars in tax fraud

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Tax authorities in Brazil aren’t done investigating TelexFree, with the latest seeing Carlos Costa sued for $1.3 million dollars in tax fraud. As per a lawsuit filed by the Federal Public Ministry of Espirito Santo (MPF), in 2012 Costa failed to declare earnings R$4.4 million ($1.3 million USD). The earnings were related to TelexFree, with [Continue reading...] Source: Carlos Costa facing jail time for $1.3 million dollars in tax fraud

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