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Georgia tax accountants plead guilty in conservation easement scheme


Georgia tax accountants plead guilty in conservation easement scheme
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Two Georgia sibling tax accountants pleaded guilty in federal criminal court Monday for defrauding the Internal Revenue Service for $250,000 in tax revenue through conservation easement schemes.  Photo by DJ Glisson II/Land Trust Alliance
Dec. 21 (UPI) Two Georgia sibling tax accountants pleaded guilty Monday to federal criminal charges that they encouraged clients to swindle the Internal Revenue Service out of $250 million in tax revenue through fraudulent syndicated conservation easement tax shelters, federal prosecutors announced.
Brothers Stein and Corey Agee of Canton and Atlanta, Ga., respectively, worked with clients between 2013 and 2019 to arrange $1.2 billion in fraudulent charitable contributions, and received $1.7 million in commissions, a statement from Richard Zuckerman, deputy assistant attorney general for the Department of Justice s tax division said. ....

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