Virginia Investment Firm Officer Sent to Prison in KPMG Tax

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Virginia Investment Firm Officer Sent to Prison in KPMG Tax Shelter Case
05/20/2013 04:29 PM EDT

Michael Parker, of Baltimore, Md., who was the chief operating officer of TransCapital Corporation, a tax-advantaged investments company based in Northern Virginia, was sentenced today to 54 months in prison by U.S. District Judge Sandra S. Beckwith in Cincinnati, Ohio, the Justice Department and Internal Revenue Service (IRS) announced.

http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTMwNTIxLjE5MDExODIxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDEzMDUyMS4xOTAxMTgyMSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3NTc3MTUwJmVtYWlsaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZ1c2VyaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&102&&&http://www.justice.gov/opa/pr/2013/May/13-tax-583.html