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Software developer Robert Brockman dies in tax evasion case

A billionaire software developer who was battling the biggest individual tax evasion case in US history died Friday at his home in Houston, according to reports.

Robert Brockman, 81, a self-taught software entrepreneur who developed a system that helped car dealerships run their operations virtually, was fighting IRS allegations of money laundering and tax evasion worth over $2 billion since 2020.

Prosecutors said Brockman, who had a personal net worth of $4.7 billion, owned an $8 million Houston mansion, a Colorado ski cabin, a Bormbardier jet and a 209-foot yacht, named “Turmoil”.

Brockman suffered from dementia and his lawyers had repeatedly argued that he was unfit to stand trial, but a judge ruled in May that the trial would continue. At a hearing in June, the judge set a trial date for February 2023, with Brockman appearing in court via video link from his bed.

Born in Florida, where his father ran a gas station and his mother worked as a physical therapist, Brockman filed dozens of patents and founded Reynolds & Reynolds, a software company that had more than 5,000 employees and was worth more than $5 billion. dollars, according to Bloomberg.

Robert Brockman has been accused of evading over $2 billion in taxes.
Deposit in front of the GM
Software developer Robert Brockman dies in tax evasion case
Robert Brockman wears a mask as he leaves a jurisdiction hearing at the federal courthouse in Houston, Texas.
Mark Felix/Bloomberg via Getty Images
Software developer Robert Brockman dies in tax evasion case
Robert Brockman was battling dementia.
Brockman Foundation

In October 2020, federal prosecutors charged Brockman with using offshore companies, code names and cellphones to hide more than $2 billion in income from the IRS, most of it from Vista Equity Partners, a private equity firm he helped launch.

New York Post

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