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According to an
indictment made public on Wednesday, Harold Levine diverted the
money from Herrick Feinstein with the help of Ronald Katz, a
certified public accountant who hid from the IRS more than $1.2
million he received for his involvement.
The scheme began in 2004 and lasted roughly a decade, and
included the use of limited liability companies controlled by
Levine, Katz or both, according to the indictment.
Levine, 58, was charged with eight counts including tax evasion,
wire fraud, making false statements to the IRS, obstruction and
conspiracy, according to the indictment and prosecutors.
"It is our intention to fight these charges and we're confident
that Harold will be fully exonerated," Marc Mukasey, a lawyer
for Levine, said in an email.
Katz, 59, was charged with obstruction and conspiracy.
His lawyer, James Froccaro, in a phone interview said Katz
"maintains his innocence."
In June 2014, the government filed a civil lawsuit accusing
Levine of cheating the IRS out of more than $129 million by
participating in roughly 90 illegal tax schemes, resulting in
hundreds of millions of dollars of improper deductions.
That case was put on hold in July 2015.
Levine left Herrick Feinstein in 2012 to take over the tax
practice of another law firm, Moritt Hock & Hamroff. A spokesman
for that firm said Levine departed voluntarily in June 2016 to
take a position with one of his clients.
(Reporting by Jonathan Stempel in New York; Editing by David
Gregorio)
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