A multibillionaire American businessman named Robert T. Brockman served as CEO of the Reynolds & Reynolds software company in Ohio. He was accused of orchestrating a $2 billion tax evasion scam in October 2020.
Robert Brockman, a Tycoon charged in a $2 billion tax evasion case, dies at 81.
Robert Brockman, a billionaire who was charged with tax evasion in 2020 in what has been considered the biggest case ever brought against an individual in the United States, has passed away. He was 81.
Brockman’s lead attorney, Kathy Keneally, announced his passing on Saturday. The cause of death and more information were not immediately available.
His lawyers had been contending in court that he was incapable of testifying because of dementia. However, a court in May found him competent and scheduled his trial for February 2023.
Brockman, a native of Florida and current resident of Houston with a fortune pegged by Forbes at $4.7 billion, served as the previous CEO of Reynolds & Reynolds, an Ohio-based software provider for enterprises.
He was accused by the government of dodging taxes on $2 billion in earnings, wire fraud, money laundering, and other charges in a 39-count indictment filed in October 2020. He entered a not-guilty plea.
The Department of Justice stated in its announcement of the indictment that the alleged plot to hide the billions in income from the IRS spanned decades.
Fraud Accusation
The $2 billion tax fraud accusation, according to David L. Anderson, US attorney for the Northern District of California, is the highest tax charge ever brought against a person in the US.
From 2012 to 2014, Keneally, his primary attorney, and a seasoned tax expert served as the assistant attorney general in charge of the Justice Department’s tax division.
In accordance with court documents, Brockman’s former business partner and the richest Black American, Robert Smith, was going to be a major witness against him. Records reveal that Smith avoided charges by acknowledging tax evasion, paying $139 million in taxes and penalties, and promising to cooperate.
The accusation that Brockman avoided taxes by surreptitiously controlling an offshore charitable trust—which he claimed was independent—was at the center of the criminal case against him.
He allegedly used illegal proceeds to purchase a 200-foot boat, a private plane, and a fishing resort in Colorado, among other things. The Aspen Times stated that the government submitted paperwork in 2021 to take the 100-acre fishing refuge in the Rockies.
It was unclear right away how Brockman’s passing would impact the government’s capacity to collect the taxes it contends are owed.
According to Bloomberg, he is survived by his wife of 53 years, Dorothy; son Robert Brockman II; a sibling; and two grandchildren.
Robert Brockman Age, family, and Early Life
Robert Brockman was 81 years old. Brockman and his brother Thomas David Brockman were raised in St. Petersburg, Florida.
His mother Pearl was a physiotherapist, while his father Alfred Eugene Brockman owned a gas station.
Robert Brockman Career, What was his profession?
Brockman began his career in 1964 while serving as a reserve Marine Corps member as a marketing trainee for Ford Motors. He worked for IBM from 1966 to 1970, when he was the top American salesman in the company’s service bureau.
In his living room, Brockman established Universal Computer Systems in 1970, a distributor of computer hardware and software for auto dealerships. In 1982, the business sold its first in-dealership computer system.
On August 8, 2006, the business amalgamated with Reynolds & Reynolds. After the merger, he was appointed CEO.
Robert Brockman Net Worth, How much did he earn?
Robert Brockman’s net worth is thought to be $4.7 billion.
Read More: Who is Rodd Biggs? Net Worth, Age, Meet his wife, Family
Which school did he go to? What was his major?
Brockman attended Centre College in Danville, Kentucky, for a brief time before earning his summa cum laude degree from the University of Florida in 1963 and becoming a member of that institution’s business honor society.
Robert Brockman Wife, Is he dating/married? Any children?
In Kentucky, Brockman got married at age 18 and later got divorced. In 1968, he married Dorothy Kay Brockman; they made their home in Houston. He is reputed to be a very private person who declines to give interviews to the media.
His social media reach.
We did a quick search for the social media presence of Robert Brockman but couldn’t find his social media handles.
Robert Brockman’s Height, Weight, Sexual orientation, Body.
| Height | N / A |
| Weight | N / A |
| Hair Color | Grey |
| Body type | Fit |
| Sexual orientation | Straight |
Interesting facts about Robert Brockman’s which you should be known about.
| Nationality | American |
| Ethnicity | White |
| Zodiac sign | N / A |
| Age | 81 |
| Relationship status | Married |
| Wife | Dorothy |
| Children | 1 |
