Tax Law

Did Lawyer Use Client Trust Account to Help Client Conceal Income?

An Arkansas lawyer is facing criminal charges for allegedly using his client trust account as a vehicle to help a client avoid income tax.

Oscar Stilley, 45, of Fort Smith is accused in a federal criminal case of conspiring with his client, Lindsey Springer, 43, of Kellyville, Okla., and tax evasion, according to the Tulsa World and the Associated Press.

“The indictment lists numerous transactions involving hundreds of thousands of dollars between Springer and Stilley that flowed through the [client trust] account, including $166,000 paid in August 2005 to buy a motor home and a September 2005 payment of $25,813 to buy a Lexus,” the World writes.

Allegedly, neither Stilley nor Springer has filed a tax return since the 1980s.

Neither article includes a response from the defendants.

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