Tax evader uses own kid's names to defraud IRS

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Chrisfs

Tax evader uses own kid's names to defraud IRS

Post by Chrisfs »

It's pretty slimy when you are an investment banker and yet you still feel the need to cheat on taxes to the point of getting your own kids in trouble with the law

http://www.nytimes.com/2007/09/05/busin ... f=business
An investment banker who used his wife’s and children’s names in tax evasions dating back to 1977 was sentenced today to 50 months in prison for tax crimes, including the first criminal conviction for not paying the nanny tax.
Among the witnesses who testified against Mr. Josephberg was one of his children, Kara Paldino, a Manhattan entertainment lawyer. Mrs. Paldino testified that without her knowledge her father created and signed tax returns in her name, but failed to pay the taxes owed.

She testified that she went to an H.& R. Block office in Greenwich Village in 2001 to file her first tax return, on money she earned as a summer associate at the law firm Weil, Gotshal & Manges. Instead of a refund, she testified, she got a bill for taxes on $59,000 of capital gains from an earlier return that bore her name in her father’s handwriting.
That, ladies and gentlemen, is a piece of work. :shock:

P.S, Hi guys, long time no see!
Weathervane

Post by Weathervane »

Welcome back, was kinda wondering about you.

Nice to see you brought some fresh meat to the table, thanks!