A hedge fund manager with ties to Austin has been sentenced to prison time. The individual, previously a resident of Austin, pleaded guilty to evading federal taxes earlier this year. The guilty plea…
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A hedge fund manager with ties to Austin has been sentenced to prison time. The individual, previously a resident of Austin, pleaded guilty to evading federal taxes earlier this year. The guilty plea was related to concealing income and foreign bank accounts, resulting in the evasion of millions of dollars in taxes.
As a result of the plea, the hedge fund manager has been sentenced to 37 months in prison. Further details on the case are available from KXAN-NBC, including the events leading up to the arrest and sentencing of the hedge fund manager, Justin Ryan Schmidt.
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