Source AP ©

Former Grateful Dead manager sentenced to 5-years in prison for tax evasion

A former manager for the Grateful Dead has been sentenced to five years in federal prison for tax evasion, prosecutors said Tuesday.

Ronald Leon Rakow, 69, was ordered to begin his prison term in June for evading payment of $2.2 million (EUR1.64 million) in taxes owed to the Internal Revenue Service, the U.S. attorney's office said.

Rakow was convicted in July of one count of tax evasion. During his two-week trial, prosecutors presented evidence showing Rakow hid his assets to prevent the IRS from collecting taxes dating back to 1985.

Prosecutors said that from 1998 to 2003, Rakow transferred about $5.2 million (EUR3.87 million) in income from consulting fees, stock and assets under his control into accounts held in other names. They alleged Rakow directed accountholders to use the funds to pay his expenses.

Rakow had asked for a lighter sentence, but U.S. District Judge Margaret M. Morrow rejected his request. She said he chose to break the law to support his "comfortable lifestyle."

An after-hours call to Rakow was not immediately returned Tuesday.

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
Comments
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
German expert explains why European Union and Russia develop ties speedily
Iran nuclear deal will change the world as Trump wants
What would you do if you were Kim Jong-un?
How low will America go?
Blame MH17 on Russia: International investigation turns into demonic circus
What would you do if you were Kim Jong-un?
What would you do if you were Kim Jong-un?
How low will America go?
How low will America go?
What would you do if you were Kim Jong-un?
What would you do if you were Kim Jong-un?
German expert explains why European Union and Russia develop ties speedily
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus