General News

Hogan's tax scandal cost him work

By:
Dec 06, 2010 | 4:00am EST

The actor was accused of using offshore bank accounts to conceal his earnings, but a long criminal inquiry into his financial dealings was dropped last month (Nov10).

Hogan has instructed his legal team to fight for compensation and has now admitted he would also like an apology from bosses at the Australian Crime Commission (ACC), insisting the long-running investigation lost him work.

He says, "I wanted to be exonerated because I didn't do anything wrong and that's hard for people to believe because where there is smoke, there is fire. I have been publicly branded a criminal, a fraud, a money launderer and tax evader - I became Mr Tax Evasion.

"(My career) been destroyed, no one calls me and I haven't spoken to my agent in months. For five years people have been scared to deal with me for fear of being brought into the inquiry.

"It's not over, unless they apologise, until they say 'We are sorry'."

Officials at the Australian Taxation Office (ATO) are continuing to look into Hogan's taxes.

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