Boston Fund Founder Gets 4 Years for Panama Papers Tax Fraud (1)

An 83-year-old former Boston financier linked to the so-called Panama Papers was sentenced to four years in prison for conspiring to evade U.S. taxes.

Harald Joachim von der Goltz, a founder of Boston Capital Ventures, pleaded guilty in February to tax evasion, fraud, money-laundering and other charges. According to prosecutors, he worked with Panamanian law firm Mossack Fonseca to set up a series of shell companies and bank accounts to hide tens of millions of dollars from the Internal Revenue Service. He was sentenced remotely on Monday in federal court in Manhattan.

Von der Goltz’s sentence was aggravated ...