Former Arnold & Porter tax partner Peter Cinquegrani was sentenced Tuesday to three years probation for marketing fraudulent tax shelters for Ernst & Young clients. Cinquegrani was emotional as he addressed the court. "I think my desire to be a big shot, feel that I was part of the in crowd in the tax community, overrode my conscience," he said.
Former Arnold & Porter Partner Gets Probation in Tax Shelter Fraud Case
New York Law Journal
March 31, 2010