Ex-Kirkland & Ellis partner indicted for tax fraud

July 18, 2011 Rumors have been circulating about Theodore Freedman since he departed from his bankruptcy and restructuring practice at Kirkland & Ellis last October. And now the former partner has been indicted on federal tax-fraud charges for allegedly understating his income by $2.1 million and falsely claiming expenses between 2001 to 2004, enabling him to avoid $1.01 million of federal income taxes.

U.S. Attorney Preet Bharara described Freedman as “an accomplished and well-compensated attorney [who] abdicated his legal and ethical responsibilities by cheating on his taxes.”

Read more at abovethelaw.com.

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