Anderson Gets Nine Years

Walter Anderson, the former telecommunications executive who pleaded guilty to engaging in a $200 million tax fraud, received nine years in prison when sentenced on Tuesday. But Mr. Anderson did get lucky in one respect. Because the plea agreement was poorly written, the judge did not order Mr. Anderson to make restitution. The IRS will have to make a separate case in civil court to recover the money.

Hat Tip: Roth Tax Updates

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