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Raymond-Ruble

Feds Finally Get (Some of) Their Men: 3 KPMG Defendants Convicted

18 December 2008

It had been billed as the “largest tax fraud ever” by the feds and the trial was set to teach those that set up illegal tax shelters a lesson. And then it all went very, very badly. Defendants in the case asked the judge to throw out the charges against them when it was revealed [...]

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KPMG Tax Trial Juror Dismissed, Annoys Judge

16 October 2008

I can’t wait for Hollywood to see the potential in this KPMG tax shelters mess. I predict movie gold! There’s nothing waiting in the wings yet (so far as I know) but the live coverage is just as good. After declaring the KPMG lead tax evasion scandal as the “largest tax fraud ever“, overzealous prosecutors [...]

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Sidley Austin Lives to See Another Day

23 May 2007

…Unlike Jenkens Gilchrist, which folded after being hit with penalties related to tax advice involving tax shelters that the Internal Revenue Service found to be abusive. The IRS announced today that it has reached a settlement with the law firm of Sidley Austin LLP, the successor firm of the 2001 merger between Sidley & Austin [...]

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“The Largest Tax Fraud Ever”

30 August 2005

Eight former KPMG execs have been charged with conspiracy to sell fraudulent tax shelters.  They are former KPMG Deputy Chairman Jeffrey Stein, former officials John Lanning, Richard Smith, Jeffrey Eischeid, Philip Weisner, John Larson, Robert Pfaff and Mark Watson; a ninth person was also charged in the scheme, outside tax attorney Raymond Ruble. It is [...]

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