week 10 - Article Review Week 10 A guilty plea was entered...

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Unformatted text preview: Article Review Week 10 A guilty plea was entered by a former chief executive Jeffery Greenstein, he was the co founder of Quellos group a well known investment firm in Seattle Washington. The charges were in regards to sketchy tax shelter that the investment firm sold to rich investors. Quellos core business was purchased by global investment firm BlackRock the company paid $1.7 billion dollars in 2007. Quellos did have a large client base who mainly included stars and famous people, some included former president Bill Clinton and his wife Hillary Rodam Clinton, Robert Johnson IV , the owner of the New York Jets; and the Hollywood producer and icon Haim Sabin. Mr. Greenstein, then forty eight years old was charge with of conspiracy and aiding in the filing the false tax return in connection with a tax shelter called Point. He admitted that he filing the false tax return in connection with a tax shelter called Point....
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