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Re: They caught him...
On the other hand, Novak is still out there...
On Wed, 16 Jun 2004, Susan Welenofsky wrote:
> I guess Dr. Axelrod is on the lam! Maybe we don't need to worry about him
> suing people of stupid things anymore.
>
> Susan
>
> ----- Original Message -----
> From: Tony
> To: gsas-member@thekrib.com
> Sent: Wednesday, June 16, 2004 5:52 PM
> Subject: Re: They caught him...
>
>
> Wow he really did decide to "go for it."
> ----- Original Message -----
> From: <carrera206@comcast.net>
> To: <gsas-member@thekrib.com>
> Sent: Wednesday, June 16, 2004 4:57 PM
> Subject: They caught him...
>
>
> > FYI
> >
> > Alfred
> >
> > -- --------
> >
> > Wednesday, June 16, 2004 · Last updated 3:01 p.m. PT
> >
> > Wanted millionaire arrested in Germany
> >
> > By JEFFREY GOLD
> > ASSOCIATED PRESS WRITER
> >
> > NEWARK, N.J. -- A fugitive millionaire wanted on tax fraud charges in New
> > Jersey was arrested at an airport in Germany, federal prosecutors said
> > Wednesday.
> >
> > Herbert Axelrod, 76, fled the United States soon after being indicted in
> > April on charges that he conspired to defraud the Internal Revenue Service
> > by helping a former executive of his pet-book publishing company hide
> > $700,000 in a Swiss bank account.
> >
> > He also has drawn attention for rare musical instruments he valued at $100
> > million and donated or sold at a discount.
> >
> > Michael Himmel, a lawyer who has represented Axelrod, said Wednesday that
> he
> > had not yet spoken to Axelrod and declined to comment. The U.S. Attorney's
> > Office in New Jersey said it notified German authorities that it would
> seek
> > to have Axelrod sent back to the United States.
> >
> > Axelrod operated TFH Publications, which specializes in books on animals
> and
> > pets, and whose products include the Nylabone line of dog toys.
> >
> > The tax-fraud charges are unrelated to an FBI review of an $18 million
> deal
> > last year in which Axelrod sold the New Jersey Symphony Orchestra 30 rare
> > string instruments the philanthropist had valued at $50 million.
> >
> > Authorities reportedly are trying to determine whether Axelrod inflated
> the
> > instruments' value to make himself eligible for a large tax write-off, and
> > are said to be looking into his 1998 donation of four Stradivarius musical
> > instruments - also valued at $50 million by Axelrod - to the Smithsonian
> > Institution.
> >
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> >
>
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--
Erik Olson
erik at thekrib dot com
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