At the villa Rolls had parked the Phantom Aviator Coupe, a special-edition car made in honor of Charles Rolls, who was a pioneering aviator and colleague of the Wright brothers.

FORBES: In LA, Rolls-Royce Shuns Convention Center for Beverly Hills

The ex-CEO of Comverse Technology arranged a secret slush fund of stock options by directing grants to "phantom" employees in a special account set up for the purpose, according to federal prosecutors.

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Private tax practitioners, however, say a bigger problem is that the IRS simply hasn't gotten the message Congress sent--that it wants offer standards liberalized and special consideration given to taxpayers caught in unfair situations--such as employees taxed on phantom stock option profits or ordinary folk victimized by slick promoters.

FORBES: Let's Make a Deal