Dec 15, 2014 5:40 PM by News Staff
A former Willows tax attorney was sentenced Monday to 18 months in prison for tax fraud.
According to the U.S. Department of Justice, Orion Douglas Memmott, 75, formerly of Willows, stole hundreds of thousands of dollars from investors and law firm clients to spend on his own expenses, including failed day trading, travel, and personal trainers.
Some of the stolen money was taken from a client's medical trust, leaving her homeless.
Memmott concealed the embezzled money through the use of nominee accounts and false statements to investors, clients, and the IRS. Memmott also concealed his real estate holdings and rental income from IRS collection agents who were seeking to collect more than $650,000 in unpaid taxes for tax years 1993-1999.
2 days ago