Paul Daugerdas will be sentenced in March, after being found guilty of defrauding the Internal Revenue Service, evading tax and other offences. According to KansasCity.com, he made fees of $95m in creating and marketing tax shelters to wealthy clients but he has paid less than $8,000 in tax. In a city made famous for tax dodging by Al Capone, this case has brought notoriety as as claims of $7 billion tax losses were described as 'the largest tax fraud in history'.
Email your news and story ideas to: [email protected]
