Comments on: Lights, Cameras, Plea Agreement!

By: Show Biz Lawyer Finally Sentenced in Massive Fraud Case | taxgirl

Show Biz Lawyer Finally Sentenced in Massive Fraud Case | taxgirl — Thu, 07 Jul 2011 14:07:59 +0000

[...] was sentenced yesterday to 2-1/2 years in federal prison for his role in a tax shelter scheme. Krane had pleaded guilty in 2009 to evading tax by failing to claim $36 million in undeclared income and attempting to obtain a [...]

By: Show Biz Lawyer Finally Sentenced in Massive Fraud Case - Kelly Phillips Erb - Taxgirl - Forbes

Wed, 06 Jul 2011 16:54:06 +0000

By: rogers : wells » Blog Archive » Show Biz Lawyer Finally Sentenced in Massive Fraud Case

Mon, 13 Jun 2011 09:29:13 +0000

By: Show Biz Lawyer Finally Sentenced in Massive Fraud Case | HollywoodDaily.us

Show Biz Lawyer Finally Sentenced in Massive Fraud Case | HollywoodDaily.us — Sat, 11 Jun 2011 20:33:27 +0000

By: Students “Sentenced” to Speeches by Wilk and Greenstein | taxgirl

Sat, 11 Sep 2010 12:50:32 +0000

[...] guilty. The men, Jeffrey Greenstein, and Charles Wilk, were indicted last year. At that time, Greenstein’s attorney said his client “adamantly denies the allegations in the indictment and looks forward to clearing [...]

By: Echo22

Echo22 — Sat, 19 Dec 2009 15:13:27 +0000

Why yes I was explained that the transaction was restructured by Locke Lord and that they issued a “should opinion” therefore, that mean that they were 80% confident that I should prevail on audit. In fact Mr. Clifton even told me this himself when he showed me a draft of his opinion.

Should he not be blamed, since I relied on his advice as an attorney in one of the premiere law firms in Texas to at least give me an honest opinion of the risks.

If it was his structure I relied on, then why is he nowhere to be found in any of the charges?

The comments from the Treasury indicate that the ‘design’ of the shelter was part of the conspiracy – if this is true, then isn’t it his design?

By: Evan

Evan — Fri, 18 Dec 2009 23:53:58 +0000

Yes! I love angry people who blame lawyers! When you were looking at the “CDS Stuff” did they explain to you what a tax shelter actualy was, or what a legal opinion is?

By: echo22

echo22 — Fri, 18 Dec 2009 18:11:24 +0000

Is every tax shelter criminal even when legal opinions are written? It seems that the government’s plan is that after the lawyers write a bad opinion, then in exchange for not going to jail they testify against the promoter. How does that make sense? I looked at the CDS stuff and Locke Lord is nowhere to be found in any of the indictments. Is that because of the pressure put upon the Treasury by Harriet Myers, former counsel to George Bush?

How can a promoter go to jail when they relied on the lawyer’s opinion?

This makes no sense!

By: Kelly

Kelly — Tue, 15 Dec 2009 14:34:41 +0000

I know. They claim that they didn’t know… What’s particularly interesting is that Haim Saban – the guy who made $1.6 billion by selling the Family Channel to Disney – claimed that he was duped because he was financially not sophisticated. And the feds bought it.

Saban was a large financial supporter of a number of powerful pols, including Hillary Clinton and President Bush. Not that it means anything…

By: Evan

Evan — Tue, 15 Dec 2009 14:29:53 +0000

“The six investors will not face criminal charges.” What in the hell? Are you telling me (well main stream media, USAGA, etc.) that one of these investors didn’t know about the fake losses? I can’t imagine them losing money year in and year out and keeping their money there.