Category Archives: Tax Evasion

Pity Mark Steven Miller, former CEO of Oakwood Deposit Bank in Ohio. Mr. Miller was convicted of fraud in 2003 for embezzling $49 million from his bank. He then took his profits and invested them in the Star Dancer Casino … Continue reading →

According to this story by Reuters, KMPG will face a fine of just under half a billion dollars. This story notes that eight former executives will be indicted.. However, KMPG will sign a “deferred prosecution” agreement so that the firm … Continue reading →

A trumpeter who also operates a gospel ministry (MightyHorn Ministry) has been charged with tax evasion. According to a story in the Chatanooga, TN Chatanoogan, Phil Driscoll, his wife and his mother-in-law have been accused of evading taxes by failing … Continue reading →

The Fifth Circuit Court of Appeals recently ruled on the appeal of Leonard Gittinger of his case from the US Tax Court. In its’ unpublished ruling, the Court noted, “…his arguments are completely and utterly frivolous, generally relating to the … Continue reading →

A Campbell, California attorney who advertises as Mr. Divorce was found guilty of tax evasion according to this story in the San Francisco Chronicle (one-time registration required). Demetrious Eugenios made the mistake of going through a divorce from his ex-wife, … Continue reading →

The above headline is not a joke. It seems that in Russia tax evasion may mean whatever the prosecutorgovernment wants it to mean. The recent Yukos case is a good example of this. In any case, the Russian Presidential Administration … Continue reading →

When I was in graduate school, and being recruited to the Big Eight (no, not what is now the Big Twelve), I spurned them all. Can anyone name the big eight accounting firms from 1985? [Answer below] We’re currently at … Continue reading →

Unless you’ve been hiding out, you’ve almost certainly heard the news that the US Supreme Court yesterday overturned the conviction of Arthur Andersen for destroying documents in the Enron fiasco. You can find news coverage here and here (one-time registration … Continue reading →

Fail, fail again. Yes, I know that’s supposed to be “try, try again.” But for this story, “fail, fail again” is so much more appropriate. >From the Baltimore Sun we have the story of John Baptist Kotmair, Jr. Back in … Continue reading →

Maybe it’s something in the water. But somehow we must look again to what is now apparently the hotbed of tax evasion: Cincinnati, Ohio. A federal jury in Cincinnati found “expert” tax preparer Walter Daulton guilty of assisting in the … Continue reading →