Exiled Hotel Executive Makes a Plea Involving No Jail Time After Winning Extradition Case

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Sunday, February 1, 2009
Author: 
Bruce Zagaris
Volume: 
25
Issue: 
2
Abstract: 
On November 24, 2008, Stanley S. Tollman, pleaded guilty to tax fraud charges relating to his participation in a multimillion-dollar tax evasion scheme utilizing foreign bank accounts. Most importantly, the plea enables him to avoid jail. Instead, he will pay more than $60 million in back taxes, interest and fraud penalties and will pay $44.7 million to settle a civil forfeiture suit related to allegations in a 2002 indictment charging him and six others with various fraud offenses...[more]