Monday, August 6, 2007

Prison sentences for financial guru Wade Cook, wife

"U.S. District Judge Thomas Zilly also ordered Cook, 57, to pay $3.75 million in back taxes on roughly $9.5 million of underreported income generated by sales of Cook's books, tapes and seminars.

Zilly sentenced Cook's wife, Laura, 54, to 1-½ years in prison. She is jointly responsible for paying the back taxes."

Complete article can be found here:
http://seattletimes.nwsource.com/html/localnews/2003819531_wadecook03m.html

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