David Makov, 41, one of the five remaining defendants in the government’s investigation of allegedly illegal tax shelters offered by accounting firm KPMG (U.S. v. Stein, 05 Cr. 888), 05 Cr. 888, pleaded guilty Monday in Manhattan federal court.
Makov, an investment adviser previously affiliated with Presidio Growth, admitted to participating in a conspiracy to defraud the United States Treasury, evade taxes and file false tax returns. He faces a maximum five years in prison when Southern District of New York Judge Lewis A. Kaplan sentences him on June 20, 2008.
