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Coal Mining Tax Shelter Scandal Draws 15 Indictments
Prosecutors say a 1976 coal tax shelter scheme defrauded the federal Treasury by selling nonexistent mining rights. The Boston grand jury indicted 15 people including lawyers George Osserman and Paul Garfinkle and promoters Meyer and Friedman, with Elvis Presley among the investors.
MENTIONED IN THIS ARTICLE
Boston
Elvis Presley
Maryland
Presley
Alice Cooper
David McCallum
Margaux Hemingway
Earl Monroe
Spencer Haywood
Allen Funt
Francis Burch
Frank G. Wells
Warner Bros
Internal Revenue Service
Securities and Exchange Commission
Wyoming
George Osserman
Paul Garfinkle
Newton
Prodamat
Osserman and Garfinkle
S-J Mineral Associates
Osserman
Garfinkle
SEC
Meyer
Friedman
Garfinkle, Osserman, Meyer and Friedman