To avoid paying the penalty, Bilzerian pleaded poverty and twice declared bankruptcy. He later moved to the island nation of St. Kitts and Nevis, beyond the reach of the U.S. government.
If I stole $62 million dollars (fta, Bilzerian owes this as his original amount), I’d be thrown in jail.
They’ve let this guy dick around for 31 years and haven’t gotten the public’s money back.
The USA has extradition with St Kitts and Nevis as far as I can tell. Running away to a tax shelter island (a British commonwealth, for fucks sake) shouldn’t be enough for the USA to shrug it’s sholders and give up.
The capitalist class plays by different rules. Don’t let them get away with excuses like this.
The third and fourth sentences of the article:
If I stole $62 million dollars (fta, Bilzerian owes this as his original amount), I’d be thrown in jail.
They’ve let this guy dick around for 31 years and haven’t gotten the public’s money back.
The USA has extradition with St Kitts and Nevis as far as I can tell. Running away to a tax shelter island (a British commonwealth, for fucks sake) shouldn’t be enough for the USA to shrug it’s sholders and give up.
The capitalist class plays by different rules. Don’t let them get away with excuses like this.
I suspect the SEC is imposing civil penalties (as opposed to criminal fines) which aren’t the sort of thing you can extradite over