Bob Brockman, head of the largest private dealership management system company in the U.S., is under criminal investigation on suspicion of tax evasion and money laundering, a former employee alleges in a civil case in Bermuda.
Australian lawyer Evatt Tamine cited the allegations against Brockman in court testimony in a case in Bermuda involving Brockman's trusts. Tamine is being investigated there separately on suspicion of stealing more than $20 million from a company administering Brockman's charitable trust fund, of which Tamime was a director for eight years.
Brockman is CEO of Reynolds and Reynolds Co. of Dayton, Ohio, a DMS provider to dealerships and manufacturers in the U.S., Canada and Europe. The company, which also has offices in Texas, employs more than 4,300 people.
"Reynolds and Reynolds is not a party to these matters, and therefore we cannot comment," company spokesman Tom Schwartz told Automotive News.
Tamine said the claims against him are part of attempts to obstruct a U.S. Department of Justice investigation into Brockman's tax affairs, according to a March 26 judgment filed in the Supreme Court of Bermuda.