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Criminal

Jun. 15, 2011

Los Angeles Tax Attorney Sentenced to Prison

A federal district judge in Washington state sentenced a suspended Los Angeles tax attorney to 32 months in prison and ordered him to pay $41 million in returned fees and back taxes.

By Ben Adlin
Daily Journal Staff Writer

A federal district judge in Washington state sentenced a suspended Los Angeles tax attorney to 32 months in prison and ordered him to pay $41 million in returned fees and back taxes.

Matthew G. Krane was indicted in 2009 for his role in a tax shelter scheme connected with the Seattle-based investment firm Quellos Group LLC. He later pleaded guilty to tax evasion and making a false statement on a passport application.

K...

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