Home

Justice Department Charges Former Seyfarth Shaw Tax Partner John Rogers in $370 Million Tax Scheme
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The Justice Department has charged former Seyfarth Shaw tax partner John Rogers for allegedly promoting tax shelters using Brazilian debt to create tax deductions for U.S. clients.

In a 74-page civil suit filed in U.S. district court in Chicago, prosecutors accused Rogers and two companies with taking part in a scheme that generated more than $370 million in fictitious tax deductions. This allowed clients to offset unrelated income earned in the U.S., per the National Law Journal.

Currently, Rogers is a partner at his own Chicago firm, Rogers & Associates. Rogers joined Seyfarth as a nonequity partner in 2003 after his previous firm, the now defunct Altheimer & Gray, went bankrupt.

  
What
Where


According to the NL, Rogers was an equity partner at Seyfarth from 2004 to 2008 until being forced to resign. At the time, Rogers told Seyfarth he was being investigated by the IRS and would stop promoting the Brazilian shelters to clients.

However, Rogers continued using the shelters. After Seyfarth discovered the deception, the firm forced him out, per the NLJ, citing from court records.

According to the suit, Rogers should have known his schemes were “abusive and illegal when he created them,” based on his education and experience.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Personal Injury Attorney with 3+ Years of Experience

USA-CA-Sherman Oaks

Sherman Oaks office of our client is seeking a personal injury attorney with 3+ years of CA experien...

Apply Now

Senior Trust and Estate Attorney/ Of Counsel

USA-CA-San Diego

San Diego office is seeking a trust and estate attorney at either the senior associate or of counsel...

Apply Now

Mid-level Litigation Securities Associate Attorney

USA-NY-New York City

New York City office of an AmLaw firm seeks Mid-level Litigation Securities Associate Attorney with ...

Apply Now

RELEVANT JOBS

Helpline Attorney

USA-ME-Augusta

Helpline Attorney Position (fulltime) Legal Services for the Elderly, Augusta, Maine LSE is a...

Apply now

Independent Contractor - Litigation / Family Law Attorney

USA-KS-Overland Park

Established and highly rated law firm looking for part-time, remote assistance with litigation suppo...

Apply now

Employment Law Attorney

USA-DC-Washington

The Federal Practice Group (FPG) is looking for a senior and junior level Associates for its federal...

Apply now

Immigration Attorney

USA-DC-Washington

The Federal Practice Group (FPG) is looking for both a senior and junior level Immigration Associate...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top