Billionaire Robert Brockman is competent to stand trial for tax evasion, a federal judge ruled, finding that the Texas automotive-software mogul was exaggerating his symptoms of dementia in an effort to avoid prosecution and a potentially lengthy prison sentence.
Mr. Brockman was indicted in October 2020 on charges that he used a web of offshore entities to evade taxes on about $2 billion in income. Prosecutors have called it the biggest tax-fraud case ever brought against an individual in U.S. history.