Saturday, July 20, 2019

Kingston polygamist group could lose hundreds of millions in assets to federal seizure




Federal officials indicate they will seize potentially hundreds of millions of dollars in assets from a Utah polygamist group in connection to a tax fraud investigation.


The property forfeiture agreement lists the fuel plant that belonged to Washakie in Box Elder County, as well as 50 other commercial and residential properties in Utah.


The agreement also indicates the government will seize a waterfront mansion in Huntington Beach, Calif. and properties in Texas, Turkey, and Belize. The government lists luxury cars, including a Bugatti, two Lamborghinis, and a Ferrari in its seizure.


https://kutv.com/news/local/kingston-polygamist-group-could-lose-hundreds-of-millions-in-assets-to-federal-seizure