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Insurance agent, attorneys indicted in multimillion-dollar scams

November 22, 2022

A North Carolina insurance agent and two St. Louis tax attorneys have been indicted on charges related to a $200 million insurance scam and the operation of a fraudulent tax shelter that caused a tax loss to the IRS of tens of millions of dollars.

David Shane Simmons, a North Carolina insurance broker, and attorneys Michael Elliott Kohn and Catherine Elizabeth Chollet have been charged with conspiring to defraud the United States and helping clients file false tax returns, according to the Department of Justice.

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