Re: Richard Branson
Originally Posted by Bread
He also went to prison for tax evasion and fraud.
Mr Branson isn't the principled man he thinks he is.
The plot to defraud Customs and Excise was just another wacky prank.
Branson’s headmaster at school had once predicted that the young man would either become a millionaire or go to prison. “By twenty-one, he had achieved the latter, albeit briefly.”
“Incentives come in all shapes and sizes,” Branson wrote, “but avoiding prison was the most persuasive incentive I’ve ever had.” The young Branson seems to have taken away a related lesson from his experience: The value of a good tax lawyer. As he wrote in his memoir, the night in jail
impressed upon Branson the need to keep his business above board.