Other Than a Small Matter of Evading $20 Million in Taxes, That Petters Accountant Is a Stand-up Guy

Posted on by Caleb Newquist

Wehmhoff “did not set out to commit tax fraud for Tom Petters, but slowly became aware of it, then did nothing to halt it, and eventually was right in the middle of it, preparing and filing returns he knew to be false,” the government attorneys wrote. Prosecutors also called attention to Wehmhoff’s otherwise “unblemished” professional history and “striking” remorse. [MSPBJ]

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Koss Demands Sue Sachdeva’s Help Winning Their Civil Case Against Sue Sachdeva

The least convicted embezzler-cum-recovering shopaholic Sue Sachdeva could do is help out the company that she ripped off to the tune of $34 million.

Despite how Suz feels about it, her lawyers do not want her to be deposed in Koss’s civil case against her and Grant Thornton until after she is sentenced to prison for the rest of her worthwhile shopping days. Doing so would jeopardize putting her back at Nordstrom’s sooner than they would like:

Sachdeva anticipates receiving a two-level decrease in the federal court sentencing guidelines by accepting responsibility for her actions, her Madison attorney Jack Williams said in court documents filed last month. She reached a plea agreement on the charges in July.

“Submitting to a deposition could jeopardize Mrs. Sachdeva’s opportunity to receive that decrease,” Williams argued.

Koss Corp. vehemently opposes Sachdeva’s motion on the grounds that she needs to cooperate not only with prosecutors in her criminal case, but also with her former employer in its efforts to win a civil judgment against her and former Koss auditor Grant Thornton LLP.

Sachdeva tries to delay her deposition in Koss suit [The Business Journal of Milwaukee (partial subscription required)]