#jim-justice

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US politics
fromAbove the Law
1 day ago

Senator And Wife Sued For Over $5M In Unpaid Taxes And Agree To Pay Hours Later - Above the Law

Jim Justice and his wife agreed to pay over $5 million in back income taxes following a DOJ lawsuit tied to a 2009 coal sale.
fromFortune
2 days ago

West Virginia's former billionaire senator agrees to pay over $5 million in overdue personal taxes | Fortune

An attorney for Justice and his wife, Cathy, entered into a joint motion for consent judgment with the federal government Monday, the same day that the government filed a lawsuit saying that the couple "have neglected or refused to make full payment" for the income taxes dating to 2009. An attorney for the U.S. Justice Department's tax division signed off on the agreement.
US politics
fromwww.mediaite.com
3 days ago

Republican Senator Agrees To Pay $5.1 Million in Back Taxes After DOJ Sues

In 2009, the senator sold Bluestone Coal Corporation his family business to a Russian company called Mechel for approximately $436 million in cash. Six years later, Mechel sold it back to Justice for 99% less than what he had sold it for. Despite this incredible turn of events, a Forbes report published in January said Justice's net worth is less than zero because his finances are severely troubled thanks to mountains of debt.
US politics
US politics
fromFortune
1 month ago

Former billionaire turned governor turned senator tries to explain web of coal companies and net worth of 'less than zero' | Fortune

Jim Justice faces mounting creditor claims, large tax liens, and foreclosure actions as his previously reported wealth has sharply declined and liabilities exceed assets.
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