Lawyer Charged with Tax Evasion, Accused of Using Firm Accounts to Pay for Daughter's Wedding
Posted Jul 20, 2011 12:25 pm CDT
A Tennessee lawyer has been charged with evading taxes by using law firm bank accounts to bankroll his daughter’s wedding and other personal expenses.
Knoxville lawyer John Threadgill was indicted by a federal grand jury on charges of evading more than $1.4 million in income taxes, the Knoxville News reports. The indictment (PDF) accuses Threadgill of using law firm bank and payroll accounts to pay personal expenditures that included:
• $69,000 for his daughter’s wedding.
• $245,000 for “family educational expenses.”
• $60,000 for country club expenses.
• $52,000 for personal travel.
• $213,000 to buy real estate.
Threadgill is also facing a prior felony theft charge, based on accusations he misappropriated client funds while fighting a suspension in a disciplinary case involving similar alleged conduct.