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NEW YORK — A Manhattan jury has convicted four current or former Ernst & Young partners on criminal tax shelter charges.
Federal prosecutors say the four defendants were found guilty Thursday of conspiracy, tax evasion and other charges related to the design, marketing and implementation of tax shelters sold by Ernst & Young.
Officials say Robert Coplan, Martin Nissenbaum, Richard Shapiro, and Brian Vaughn were members of the accounting firm's tax shelter group. They say the tax shelters created by the defendants helped the wealthy escape taxes on incomes exceeding $10 million.
Proscuctors said the fraud occurred over a period of eight years, between 1998 and 2006.
The defendants had pleaded not guilty.
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