Taxable Talk

William Campbell, the former mayor of Atlanta, was convicted yesterday of three counts of tax evasion but acquitted on the more serious RICO (Racketeer Influenced and Corrupt Organizations Act) charges.

The trial ended a seven-year investigation of corruption in Atlanta city government. Ten people were convicted through the investigation. Campbell’s attorney noted, “We knew there were some technical violations of the tax code. They’re serious, but we’re going to be O.K.” Campbell faces up to nine years in jail and $300,000 in fines but will likely face jail time of 2-3 years.

News Story: New York Times

Tags: BillCampbell

This entry was posted on Saturday, March 11th, 2006 at 12:19 pm and is filed under Tax Evasion. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.