Illinois and Louisiana Attorneys Convicted of Tax and Bank Fraud in Connection with Tax Shelter Transactions and Referral Fee Kickback Scheme

Chicago attorney and Certified Public Accountant John B. Ohle III and Louisiana attorney William Bradley were found guilty Wednesday in Manhattan federal court of wire and tax fraud conspiracy charges stemming from a scheme to fraudulently obtain referral fees relating to a tax shelter sold by Ohle’s employer, Bank One, and thereafter failing to accurately report those fees to the IRS and pay the appropriate taxes due.