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Friday, May 8, 2009

Four current and former partners of the Ernst & Young accounting firm were found guilty Thursday of fraud involving tax shelters that helped wealthy people evade income taxes.
Federal prosecutors charged the four in May 2007, contending that from 1998 to 2006 they defrauded the I.R.S. by creating, marketing, using and defending tax shelters.
The shelters were [...]

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