Justice Dept.: Tax Attorneys, Insurance Agent Indicted for Promoting, Selling Fraudulent Tax Shelter
A federal grand jury in
According to the indictment, from 2011 to the present
The indictment further alleges that Kohn and Simmons engaged in a scheme to defraud an insurance company by providing false information on insurance applications on behalf of their clients. The false information allegedly included fraudulent representations concerning the clients' financials and the purpose of the insurance policies. In total, Kohn and Simmons allegedly caused the insurance company to issue more than
If convicted, Kohn, Chollet, and Simmons each face a maximum sentence of five years in prison for conspiring to defraud
Acting Deputy Assistant Attorney General
IRS-Criminal Investigation is investigating the case.
Trial Attorneys
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Original text here: https://www.justice.gov/opa/pr/tax-attorneys-and-insurance-agent-indicted-promoting-and-selling-fraudulent-tax-shelter
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