Ex-Atty To Pay $10M For Tax Evasion Through UBS

Law360, New York (June 27, 2011, 8:05 PM EDT) -- A disbarred maritime attorney pled guilty Monday in New York to three counts of tax evasion, agreeing to pay a $9.8 million fine for hiding $26.4 million from the Internal Revenue Service in a UBS AG account in Switzerland.

Kenneth Heller, 81, was indicted in April 2010 for failing to report the money in the UBS account and pay taxes on it between 2006 and 2009. In exchange for his guilty plea, prosecutors agreed to drop conspiracy and obstruction of justice charges.

Heller was one of...
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