Credit: Lumeez Ismail/peopleimages.com/Adobe StockEx-Jenkens & Gilchrist Lawyer Convicted in Tax Shelter Scheme is Among Biden's Commutations
Paul Daugerdas, a former Jenkens & Gilchrist tax lawyer, had been serving a 15-year sentence in prison in New York after he was convicted in connection with designing, marketing and implementing a fraudulent tax shelter scheme.
January 06, 2025 at 05:17 PM
3 minute read
What You Need to Know
- Former Jenkens & Gilchrist tax lawyer Paul Daugerdas was among 1,500 who had their sentences commuted by President Biden in December.
- In 2014, Daugerdas was sentenced to 15 years in prison after he was convicted of charges stemming from a fraudulent tax shelter scheme.
- The Dallas-founded firm closed in 2007 after the tax shelter scheme attracted government scrutiny and litigation by unhappy clients.
Paul Daugerdas, a former tax partner at Jenkens & Gilchrist, whose participation in a fraudulent tax shelter scheme contributed to the demise of the Dallas-founded firm, was among 1,500 criminals who had their sentences commuted in December 2024 by President Joe Biden.
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