- Lawyer Charged with Tax Evasion, Accused of Using Firm Accounts to Pay for Daughter’s Wedding
Lawyer Charged with Tax Evasion, Accused of Using Firm Accounts to Pay for Daughter’s Wedding
Posted Jul 20, 2011 7:25 AM CDT
By Debra Cassens Weiss
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.