Florida Lawyer Pleads Guilty in Charitable Donation Tax Scheme

A Florida attorney has pleaded guilty to conspiracy to defraud the United States and to tax evasion in connection to an illegal tax shelter scheme, the Justice Department in a press statement on Friday

Michael L. Meyer sold the Ultimate Tax Plan, an illegal tax shelter that helped high-income individuals to reduce their taxes by claiming deductions for fraudulent charitable donations, the agency said.

Meyer reaped over $10 million from selling the Ultimate Tax Plan, which he then used to purchase a multimillion-dollar estate and luxury vehicles, said DOJ. He faces a maximum of five years in prison for each ...