Chicago-area lawyer and tax accountant Paul M. Daugerdas (pictured) has been labeled by the government as history's most prolific and unrepentant tax cheat was sentenced Wednesday to 15 years in prison.
Did the judge blame greedy rich Americans for Mr. Daugerdas’ problems because they bought into his fraudulent tax shelters?
Perhaps that is why the judge sentenced Paul M. Daugerdas, perpetrator of history's biggest tax fraud, to only15 years in prison.
Daugerdas must forfeit $164,737,500, including a lakefront home on Lake Geneva in Wisconsin, and over $20 million in various securities and financial accounts. He must also pay $371,006,397 in restitution to the IRS. But only 15 years in prison for what has been labeled history's biggest tax fraud?