Michael Kerekes
Winnetka Lawyer Pleads Guilty To Tax Shelter Conspiracy, Evasion
22 October 2010
A lawyer in Winnetka has pleaded guilty on charges of conspiracy and tax evasion for helping wealthy clients set up tax shelters that allowed them to fraudulently claim almost $7 billion in tax losses, Winnetka Talk reports. Erwin Mayer has admitted to the New York court that he helped design, market, implement and defend fraudulent shelters while we was a partner at Altheimer & Gray in Chicago from 1994 to 1998 and was part of Jenkins & Gilchrist in Texas from 1996 to 2004 . He reportedly built tax shelters that enabled high net worth clients to eliminate and reduce taxes on significant incomes or gains.
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