Two former KPMG executives convicted of selling improper tax shelters should be sentenced to as much as 24 years imprisonment, U.S. prosecutors said in court papers on Thursday.
The sentences were proposed to a Manhattan federal court judge by the government under 2008 guidelines, which increased some of the possible penalties for white-collar crimes previously established in 2000.
Last December, a jury convicted former KPMG tax partner Robert Pfaff and former senior tax manager John Larson, as well as Raymond Ruble, a former partner at law firm Sidley Austin, on several counts for evading taxes through a vehicle known as a BLIPS tax shelter.
See full Article.
Posts
