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D.C. A.G. Schwalb Secures $40 Million From Billionaire Michael Saylor in Tax Fraud Lawsuit
June 04, 2024
WASHINGTON, June 4 -- District of Columbia Attorney General Brian L. Schwalb issued the following news release on June 3, 2024:

Attorney General Brian L. Schwalb today announced that Michael J. Saylor and MicroStrategy, Inc., the company he co-founded and led, will pay $40 million to resolve a tax fraud lawsuit filed by the Office of the Attorney General (OAG) alleging that Saylor had defrauded the District of over $25 million in income taxes.

OAG's lawsuit--the first o . . .

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