
Ex-Jenkens & Gilchrist Lawyer Convicted in Tax Shelter Scheme is Among Biden's Commutations
Paul Daugerdas, a former Jenkens & Gilchrist tax lawyer, had been serving a 15-year sentence in prison in New York after he was convicted in connection with designing, marketing and implementing a fraudulent tax shelter scheme.
January 06, 2025 at 05:17 PM
3 minute read
What You Need to Know
- Former Jenkens & Gilchrist tax lawyer Paul Daugerdas was among 1,500 who had their sentences commuted by President Biden in December.
- In 2014, Daugerdas was sentenced to 15 years in prison after he was convicted of charges stemming from a fraudulent tax shelter scheme.
- The Dallas-founded firm closed in 2007 after the tax shelter scheme attracted government scrutiny and litigation by unhappy clients.
Paul Daugerdas, a former tax partner at Jenkens & Gilchrist, whose participation in a fraudulent tax shelter scheme contributed to the demise of the Dallas-founded firm, was among 1,500 criminals who had their sentences commuted in December 2024 by President Joe Biden.
Daugerdas, sentenced in 2014 to 15 years in prison, had been serving his time in New York, but was no longer in custody of the Bureau of Prisons as of Dec. 20, 2024, according to public records on the BOP website. He is now 74.
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