In what the federal government is calling the largest personal income tax evasion case ever, a telecommunications entrepreneur pleaded guilty to two counts of federal tax evasion and one count of defrauding the District of Columbia.

Walter Anderson, 52, allegedly failed to report about $365 million of income on his 1998 and 1999 federal returns. He will be sentenced on Jan. 16, 2007, and faces up to a decade of imprisonment, in addition to paying restitution to the United States and the District of Columbia.

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