Earnings

Disbarred Attorney Pleads Guilty to Tax Evasion on Multimillion-Dollar Litigation Earnings

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New York — A former attorney has pleaded guilty to charges of evading taxes on millions of dollars in income derived from mass tort litigation fees, officials said Tuesday. The disgraced lawyer, who had once been a prominent figure within the circles of high-stakes litigation, admitted to concealing approximately $3 million in fee income to avoid paying federal income taxes. The case highlights ongoing concerns about financial misconduct in the legal profession. The U.S. Attorney’s Office emphasized that the integrity of the legal system depends critically on the ethical conduct of its practitioners. According to … Read more

Pennsylvania Attorney Confesses to Evading Taxes on Earnings from Major Legal Settlements

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Philadelphia, PA — A prominent Pennsylvania attorney has admitted to evading federal income taxes, implicating earnings derived from substantial legal fees related to mass tort litigation. The scheme, uncovered by federal investigators, involved the concealment of millions of dollars in professional fees associated with high-profile legal cases. The attorney, whose high-stakes legal battles have made waves in the legal community for years, failed to report approximately $2.4 million in income from 2012 to 2015. This substantial omission led to a federal indictment, with charges filed in the U.S. District Court for the Eastern District of … Read more

Katie Price’s TikTok Earnings Frozen Amidst Ongoing Bankruptcy Proceedings

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LONDON — In a recent ruling that tightens the reins on her finances amidst ongoing bankruptcy proceedings, British celebrity Katie Price’s earnings from TikTok have been temporarily frozen. This decision marks the latest development in the legal efforts to manage the substantial debts accumulated by the former glamour model. The Insolvency and Companies Court judge, Catherine Burton, mandated the suspension during a court hearing on Monday. These proceedings fall under Price’s larger financial scrutiny, which has included control over her income from various sources like the adult entertainment platform, OnlyFans. Earlier this year, Price was … Read more

Disbarred Lawyer Admits to Dodging Taxes on $100 Million Earnings in Federal Court

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Philadelphia, PA – A former attorney admitted to tax evasion charges in a Pennsylvania federal court on Wednesday, confessing to not paying federal income taxes on over $100 million earned from his legal practice. The disbarred lawyer, whose name has not been disclosed, entered a guilty plea to a single count of tax evasion, facing substantial penalties and prison time. The U.S. Attorney’s office in Pennsylvania stated that the attorney’s failure to pay taxes contributed to a significant loss of federal revenue. The case has drawn attention due to the large sum involved and the … Read more