Whistleblowers, joined by D.C. officials, alleged Michael Saylor lived lavishly in the city while dodging taxes.
The high-profile case against former MicroStrategy CEO Michael Saylor was the first brought under a revised D.C. law that city officials hope will allow them to collect millions in unpaid taxes, plus damages, from wealthy tax cheats.
The Office of D.C. Attorney General Brian L. Schwalb, which inherited the case from his predecessor Karl A. Racine, did not indicate in a statement whether the city would pursue an appeal of the judge’s ruling or other legal recourses. Saylor shot to fame in the late ’90s as CEO of the Virginia-based data analytics company, MicroStrategy. He earned billions before the company was ensnared in scandal and its value cratered. He managed to return the company to profitability and has recently reinvented himself as a major investor in bitcoin.
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