Civil rights attorney Stephen Yagman was sentenced today to three years at ClubFed for his 19 convictions on bankruptcy fraud, tax fraud, and money laundering. The government had asked for nine years; Yagman had asked to teach a course on morals at UCLA.
Yagman admitted today in testimony that “he got sloppy…I was aware that I had painted a target on my own back and I tried to be scrupulously careful. I made mistakes.”
Assistant US Attorney Alka Sagar told the Court on Monday, “He went shopping on Park Avenue hours after his bankruptcy was filed. This was brazen conduct.”
Judge Stephen Wilson noted, “Like so many cases in modern history, it’s always the cover-up that’s worse than the crime. Frankly, I was shocked by his testimony because it was transparently untrue in many areas.”
Yagman will appeal his conviction. He must surrender to authorities on January 15th.
News Story: San Jose Mercury News (via AP)
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