Ex-Title Co. CFO Gets Probation In Tax Fraud Case

Law360, Chicago (June 21, 2012, 4:05 PM EDT) -- The former chief financial officer of Intercounty Title Insurance Co. of Illinois was sentenced Thursday to two years of probation for causing false corporate tax returns, charges he admitted years after a hung jury over his alleged participation in an $80 million fraud scheme.

U.S. District Judge Amy St. Eve also included 200 hours of community service in Michel Thyfault's sentence for willfully causing the filing of false 1995 and 1996 income tax returns for Madison Avenue Investments Inc., a company with ties to Intercounty of...
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