Plea And Cooperation

The most likely path is that the Texas felon negotiates a guilty plea or partial cooperation agreement with the DOJ Tax Division and IRS Criminal Investigation. A case involving alleged concealment of $1.5 billion creates large sentencing exposure, giving prosecutors leverage to secure admissions, restitution, and information about advisers or entities involved.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.