DOJ Sues 3 For $112M In Improper Tax Deductions

Law360, New York (February 24, 2011, 4:17 PM EST) -- The U.S. Department of Justice on Tuesday sued former Manatt Phelps & Phillips LLP partner Charles Klink and two other men in a New Jersey federal court, accusing them of fraudulent asset transactions and $112 million in improper tax deductions.

The Internal Revenue Code suit, lodged in the U.S. District Court for the District of New Jersey, also names Steven Block and Caleb S. Grodsky as defendants.

Klink joined Manatt Phelps in 1999, where he made partner, and left the firm to found Klink & Associates...
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