Sixth Aegis Defendant Sentenced to 10 Years

     WASHINGTON (CN) – The sixth and final defendant in the Aegis Company tax scandal was sentenced in Chicago to ten years in prison. Edward B. Bartoli, a founder and legal director of the company, was convicted of various tax crimes in May 2008 after he and five other high-level directors carried out a nearly decade-long scheme to market and sell sham trusts to wealthy taxpayer clients.

     According to court documents, the now-defunct company’s scheme resulted in a $60 million tax loss to the United States.

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