Comments on: Stanford Law Grad Engages in “Risky Business” http://www.taxgirl.com/stanford-law-grad-engages-in-risky-business/ Paying taxes is painful... but reading about them shouldn't be. Sat, 21 Nov 2009 20:16:58 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: “I Went To Stanford Law And All I Got Was This Plea Agreement” | taxgirl http://www.taxgirl.com/stanford-law-grad-engages-in-risky-business/comment-page-1/#comment-8512 “I Went To Stanford Law And All I Got Was This Plea Agreement” | taxgirl Tue, 27 Jan 2009 21:41:10 +0000 http://www.taxgirl.com/?p=1604#comment-8512 [...] says crime doesn’t pay? Remember Cristina Warthen (nee Schultz), the Stanford Law School grad who engaged in a little “risky business” to help pay for he...? Warthen reportedly grossed more than $300,000 working as a hooker in California under the name [...] [...] says crime doesn’t pay? Remember Cristina Warthen (nee Schultz), the Stanford Law School grad who engaged in a little “risky business” to help pay for he…? Warthen reportedly grossed more than $300,000 working as a hooker in California under the name [...]

]]> By: Peter http://www.taxgirl.com/stanford-law-grad-engages-in-risky-business/comment-page-1/#comment-6672 Peter Thu, 09 Oct 2008 13:27:58 +0000 http://www.taxgirl.com/?p=1604#comment-6672 If you Ask Jeeves, he'd say Mr. Warthen is a breast man. If you Ask Jeeves, he’d say Mr. Warthen is a breast man.

]]> By: Bruce http://www.taxgirl.com/stanford-law-grad-engages-in-risky-business/comment-page-1/#comment-6612 Bruce Tue, 07 Oct 2008 20:45:04 +0000 http://www.taxgirl.com/?p=1604#comment-6612 I had heard the story, but the opener, I hadn't heard. That is good! I had heard the story, but the opener, I hadn’t heard. That is good!

]]> By: Bill Lowrance http://www.taxgirl.com/stanford-law-grad-engages-in-risky-business/comment-page-1/#comment-6610 Bill Lowrance Tue, 07 Oct 2008 11:20:31 +0000 http://www.taxgirl.com/?p=1604#comment-6610 This is a great post and a interesting story. You are so right that illegal income is taxable. Many people ignore reporting such income. I tried cases where a banker did not report his embezzelment income. Of course, the fraud penalty applied. This will be an interesting civil fraud case. The IRS will go after the civil side of this case after the prosecution is over. She will have to pay the tax and any penalty later in additon to her criminal conviction, if any. I would like to try this case! Bill Lowrance This is a great post and a interesting story. You are so right that illegal income is taxable. Many people ignore reporting such income. I tried cases where a banker did not report his embezzelment income. Of course, the fraud penalty applied. This will be an interesting civil fraud case. The IRS will go after the civil side of this case after the prosecution is over. She will have to pay the tax and any penalty later in additon to her criminal conviction, if any.

I would like to try this case!

Bill Lowrance

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