Chicago attorney Robert Wayne Hallock was sentenced to serve two years in prison for a tax evasion charge.Hallock, formerly a partner at the law firm of Kirkland & Ellis LLP, was found guilty of attempting to evade taxes on more than $1 million in income following a weeklong trial in October. He will serve two years of supervised release after his release from prison.
According to his February 1997 indictment, Hallock received $1.8 million from the sale of a fraudulent certificate of deposit and then, in an attempt to hide the income from the government, funneled it through a Florida bank account in the name of a limited liability company. He then hired an associate to use those funds to purchase hundreds of thousands of dollars in cashier’s checks that Hallock used to spend on personal expenditures -- including $150,000 in checks to his girlfriend and her parents and a $100,000 honeymoon aboard a private yacht. The court found that Hallock evaded over $400,000 in income taxes for 1997.
Hallock had faced a maximum sentence of five years in prison and a $250,000 fine, plus the costs of prosecution.
