Former Jenkins & Gilchrist Partner Pleads Guilty To Helping Clients with Fraudulent Tax Shelters

Donna Guerin, former Jenkins & Gilchrist partner, “agreed to pay $1.6 million” and plead guilty to “one count of conspiracy and one count of tax evasion.”  She “faces a maximum of 10 years in prison.”   Bloomberg News reports that:

Guerin admitted to helping advise clients on how to conduct complex transactions that allowed them to wipe out financial gains. Guerin said she also provided opinion letters to her clients helping them assert that the deals were legitimate.

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