Ten Percenting Archives - Banker & Tradesman

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Lynn Man Arrested in Multimillion-Dollar Lottery Scam

by Banker & Tradesman | Oct 29, 2018

A Lynn man was arrested last week on tax fraud charges in connection with a “10-percenting” scheme, in which he purchased millions of dollars’ worth of winning Massachusetts state lottery tickets at a discount in order to help the ticket holders avoid taxes on the winnings.

Lynn Man Arrested in Multimillion-Dollar Lottery Scam

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