Pennsylvania Attorney Confesses to Tax Evasion on Fees from Large-Scale Tort Settlements
Philadelphia, PA – In a recent legal development, a Pennsylvania attorney has pled guilty to evading federal income taxes, failing to report over $2.3 million in income garnered from mass tort litigations. This significant amount was accrued from fees that should have been disclosed between 2012 and 2015, according to federal prosecutors. The attorney, whose actions have caught the eye of both the legal community and regulators, managed to sidestep paying approximately $600,000 in taxes due to the underreporting of these earnings. This has raised concerns about the transparency and ethical practices within sections of … Read more