PE Billionaire Smith to Testify Against Lawyer in Tax Case (1)

Private equity billionaire Robert F. Smith is expected to testify for the prosecution at the trial of the lawyer who allegedly helped him evade taxes over a decade.

Vista Equity Partners founder Smith was on a list of witnesses Justice Department lawyers filed Monday in federal court in San Francisco ahead of the Nov. 28 trial of Houston trust lawyer Carlos Kepke. The 83-year-old Kepke has pleaded not guilty to charges of conspiracy and aiding in the preparation of false tax returns by Smith.

Smith, 59, avoided prosecution himself in 2020 by admitting he used offshore entities to hide more ...