An Englewood couple indicted on federal charges related to an off-shore tax evasion conspiracy will likely have a couple extra million dollars to help pay their fines. David Frederick and Patricia L. Hough sold their 5,814-square-foot home in Manasota Key earlier this month for $2.2 million, accordign to the Herald Tribune. The married couple was indicted on federal charges after the Internal Revenue Service accused them of hiding millions of dollars in proceeds from the sale of two Caribbean medical schools in a Swiss bank account to skirt taxes.
