Friday, July 13, 2007

Jury acquits lawyer of evading taxes

Posted on 07/12/2007

A Shreveport lawyer accused of not paying federal income taxes has been acquitted by a federal trial jury.

The jury in U.S. District Court voted, 12-0, to find Tommy Cryer not guilty of failure to file income tax.

Prosecutors indicted him on tax evasion charges last October, saying he didn't pay $73,000 to the IRS in 2000 and 2001.

The issue involved a trust in which Cryer was the trustee and received dividends, interest and stock income. Prosecutors said Cryer concealed those sources of income by not filing a tax return on behalf of that trust.

Cryer maintained he reported all applicable income, and the jury agreed.

Read article here.


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