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LYNDEN BRIDGES GOING DOWN

September 19, 2005

Two accountants have been sentenced for their part in the Anderson's Ark tax scam. Lynden Bridges of Wheat Ridge, Colorado, will go away for 18 months, and Tara Lagrand of Naples, Florida, gets 24 months.

The Anderson's Ark program had taxpayers send money overseas disguised as business expenses. After the Ark took it's cut, the participating taxpayers would secretly tap the overseas funds for personal use. The principal sponsors of the scam have received sentences up to 20 years.

(Via Tax Analysts)

Prior coverage here.

LINK: Department of Justice Press Release

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