Advisor Tried to Threaten Witnesses, Bribe Officials in His Fraud Case: DOJ

News February 24, 2025 at 03:13 PM
Share & Print

What You Need To Know

  • Adam Kaplan and his twin brother were charged with fraud in 2023 in connection with a scheme to defraud at least 50 clients of more than $5 million.
  • Kaplan said one victim should be "peeing blood / missing teeth," according to prosecutors.
  • An unnamed co-conspirator didn't go through with threatening or harming victims, prosecutors say.
/contrib/content/uploads/sites/415/2021/08/Crime_Hands_Handcuffs_Jail_Adobe_640x640.jpg

What You Should Be Reading

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Immediate Answers to Critical Tax Questions At Your Fingertips

Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.

Get More Information

Recently Added Q&As

How are business expenses reported for income tax purposes?
Get Answer
What is a charitable IRA rollover or qualified charitable distribution?
Get Answer
What are the tax benefits that can be realized by providing employee benefits through a cafeteria plan?
Get Answer
What are the Social Security and Medicare tax rates for traditional employees and employers?
Get Answer
What developments have emerged regarding a fiduciary’s consideration of environmental, social and governance (ESG) issues in making investment decisions?
Get Answer
What are the Social Security tax and Medicare rates for self-employed taxpayers?
Get Answer
How is it determined whether a taxpayer is an independent contractor or a common law employee?
Get Answer
What is FBAR, and does a U.S. citizen living in Canada need to be concerned with FBAR requirements?
Get Answer

Related Stories

Resource Center

Recommended For You