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MicroStrategy Chairman Michael Saylor sued by government for alleged tax evasion

The D.C. attorney general is suing MicroStrategy Chairman and former CEO Michael Saylor for tax evasion and the company itself for allegedly helping him.

Video Transcript

RACHELLE AKUFFO: Microstrategy chairman Michael Saylor accused of tax evasion. Washington, DC Attorney General Karl Racine filing a lawsuit against the billionaire tech executive, alleging he never paid income taxes in the district, despite living there for more than 10 years. Racine adding, he is also suing MicroStrategy for conspiring to help him evade taxes he legally owes on the hundreds of millions of dollars he's earned while living in DC.