Domain name investor sentenced to jail for tax fraud

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Australian man was active on domain name forums.


A domain name investor who was active on various domain name forums has been sentenced to jail for defrauding Australian tax authorities.
Michael Purse spent tens of thousands of dollars buying expired domain names, District Court Judge Steven Millsteed said. The judge said Purse got $130,134 in illegal refunds for several businesses he set up to buy the domains, reports PerthNow.


- See more at: Domain Name Wire | Domain Name News & Views
 

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