Security News in Brief: Montana Federal Court Finds Tax Shelter Promoter Liable for Over $8 Million in Penalties for Timeshare Donation Scheme

Source: United States Department of Justice News

On Dec. 16, following a bench trial in May 2021, a federal court in the District of Montana ruled that James Tarpey, a Montana-based attorney, is liable for approximately $8,465,000 in penalties for promoting a tax shelter involving improper deductions for donating timeshares.