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Eugene

(61,595 posts)
Thu Jun 5, 2014, 08:03 AM Jun 2014

New York lawyer sued by U.S. over tax shelters

Source: Reuters

New York lawyer sued by U.S. over tax shelters

BY NATE RAYMOND
NEW YORK Wed Jun 4, 2014 8:45pm EDT

(Reuters) - The U.S. government sued a New York tax lawyer on Wednesday for allegedly cheating the Internal Revenue Service out of $130 million by engineering and concealing from investigators dozens of illegal tax schemes on behalf of clients.

In a civil lawsuit, U.S. authorities said Harold Levine earned more than $5 million by implementing or participating in at least 90 illegal tax schemes, in which entities he set up improperly deducted more than $515 million in bad debt losses.

The schemes took place while Levine was a partner at the law firm Herrick Feinstein, according to the lawsuit, which was brought by the office of Manhattan U.S. Attorney Preet Bharara.

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Read more: http://www.reuters.com/article/2014/06/05/us-taxavoidance-lawsuit-lawyer-idUSKBN0EG02F20140605
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New York lawyer sued by U.S. over tax shelters (Original Post) Eugene Jun 2014 OP
I hope 'respondeat superior' applies as well Erich Bloodaxe BSN Jun 2014 #1

Erich Bloodaxe BSN

(14,733 posts)
1. I hope 'respondeat superior' applies as well
Thu Jun 5, 2014, 08:29 AM
Jun 2014

So that the government can get back every penny out of both the crooked lawyer and the firm that employs him.

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