Justice Department lawyers today filed suit against a former Seyfarth Shaw partner in Chicago whose promotion of tax shelters using Brazilian debt allegedly created hundreds of millions of dollars in fake tax deductions for clients in the United States.
The 74-page civil suit, filed in Chicago federal district court, names tax attorney John Rogers and two of his companies, Sugarloaf Fund and Jetstream Business Limited, as defendants. The suit claims that Rogers, since at least 2003, created “abusive tax avoidance schemes” that used distressed asset debt tax shelters and distressed asset trust tax shelters.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
