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IRS Says Wyly Widow's Tax Liability Will Far Surpass $280M

By Jimmy Hoover ( January 14, 2015, 6:55 PM EST) -- The U.S. Internal Revenue Service told a Texas bankruptcy court Wednesday that the widow of a real estate tycoon found guilty of securities fraud likely owes "well in excess" of $280 million in total outstanding taxes, but that Caroline Dee Wyly cannot have the court determine the tax liability of her late husband's estate....

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