Sunday, July 9, 2017

Karen Huger’s Husband and His Company Owe Millions in Back Taxes


WaPo.com:
At least one thing really is grand about Karen Huger, the self-appointed grand dame of Bravo’s “Real Housewives of Potomac”: her family’s massive unpaid tax bill.

Her husband, software exec Ray Huger, whom she has called “the black Bill Gates,” owes nearly $1.5 million in back-due federal taxes and his company owes more than $3 million, according to public records.

A major plot point of the show, whose finale was last weekend, involved cast members questioning whether the couple’s finances were as gold-plated as they portrayed them. (So wait, some things on reality TV are actually real?) Fueling the on-screen speculation was the Hugers’ sale of their Potomac home in August for $1.685 million, far less than its listing price of $2.5 million and its county-assessment value of $2.37 million.

It seems the suspicious pals were right: Something’s amiss. The government has a $1.468 million lien against Ray Huger, 70, a former IBM executive who founded software and consulting company Paradigm Solutions in 1991, according to an April 26 filing in Fairfax County Circuit Court. Paradigm Solutions, where Huger is the president and chief executive, also has a $3.06 million lien against it, Montgomery County Circuit Court records show.

“It’s a private matter; it’s being addressed,” Huger said in a brief interview Wednesday.
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