economics

January 22, 2010

Ex-Partners of Ernst & Young Sentenced to Prison

Filed under: Uncategorized — ktetaichinh @ 11:17 pm
Tags: ,

January 22, 2010, 4:41 am

<!– — Updated: 12:36 pm –>

Two former partners of the accounting firm Ernst & Young each have been sentenced in New York to more than two years in prison after they were convicted of tax shelter charges, The Associated Press reported.

The former partners, Robert Coplan and Martin Nissenbaum, were sentenced Thursday in federal court in Manhattan. Mr. Coplan was sentenced to three years in prison, while Mr. Nissenbaum received a two-and-a-half-year prison term.

They were among four defendants convicted last May of conspiracy, tax evasion and other charges related to the design, marketing and use of tax shelters sold by Ernst & Young.

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