Saturday, September 10, 2011

After 20 Years, Missing CEO Surfaces


For more than 20 years, tech tycoon William H. Millard was one of the world’s most elusive tax exiles, leaving financial footprints in Singapore, Ireland and other locales while racking up an unpaid tax bill of more than $100 million, The Wall St Journal reports.

The 79-year-old founder of the ComputerLand Corp. retail chain was last seen by tax authorities on the remote Pacific Island of Saipan, where he lived, in August 1990. A few years after selling his company, the man once listed as one of the richest people in America suddenly vanished.

Until now. The U.S. Commonwealth of the Northern Mariana Islands, of which Saipan is a part, has tracked Mr. Millard and his wife to a yellow mansion on Grand Cayman Island in the western Caribbean, according to court filings and attorneys working on the case….

Find out the rest at http://online.wsj.com/article/SB10001424053111904900904576554832511658872.html

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