Fraud Charged in Huguette Clark Case
Late Owner of Waterfront Santa Barbara Estate Hit for $50 Million in Tax Penalties
UPDATE: A New York judge on Friday, December 23, suspended the attorney and accountant for the late heiress Huguette Clark, citing “shocking” evidence of tax fraud that allowed her estate to run up a $90 million IRS bill for unpaid gift taxes and penalties, according to MSNBC.com reporter Bill Dedman.
The decision costs attorney Wallace Bock and accountant Irving Kamsler about $8 million that each would have earned as an executor. The remaining executor will try to recover at least a $5 million check Bock wrote to Clark’s longtime nurse, Hadassah Peri, part of about $26 million given her over the past 15 years, even before Clark left more than $30 million to Peri in her will, Dedman said.
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