NEW YORK — NEW YORK (AP) — A Chicago lawyer and certified public accountant was convicted Friday for his role in a 10-year tax fraud that generated $7 billion in phony tax losses, a scheme authorities have called the largest tax fraud in history.
Paul Daugerdas, the 63-year-old former head of the Chicago office of the now defunct Texas-based law firm Jenkens & Gilchrist, was found guilty of conspiring to defraud the Internal Revenue Service, evade taxes, commit mail and wire fraud and other crimes after a seven-week jury trial in federal court in Manhattan, U.S. Attorney Preet Bharara said. Continue reading “Paul Daugerdas, Chicago Lawyer, Convicted In ‘Largest Tax Fraud In History’”