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Former Sullivan & Cromwell Partner Sentenced for $10 Million Income Tax Failure |
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Source:
LawFuel.com
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Posted on Wednesday, January 11, 2012
FORMER PARTNER AT INTERNATIONAL LAW FIRM SENTENCED IN MANHATTAN FEDERAL COURT TO 28 MONTHS IN PRISON FOR FAILING TO PAY TAXES ON OVER $10 MILLION OF INCOME
Preet Bharara, the United States Attorney for the Southern District of New York, announced that JOHN J. O’BRIEN, a former partner at Sullivan & Cromwell (“S&C”), an international law firm, was sentenced today in Manhattan federal court to 28 months in prison for failing to file tax returns and pay taxes on over $10 million in income, resulting in over $2.5 million in tax losses to the Internal Revenue Service (“IRS”). O’BRIEN was sentenced today by U.S. Magistrate Judge Henry B. Pitman.
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