Bryan Cave made $1M in fees on Quellos scheme

A federal grand jury in Seattle has reportedly indicted three people in a $1.3 billion tax fraud scheme, called one of the largest in U.S. history. The L.A. Times has reported that St. Louis-based Bryan Cave was mentioned in the indictment for writing tax opinions assuring investors that the tax scheme was legal. The Times reported that according to a 2006 U.S. Senate investigation into the scheme, Bryan Cave made more than $1 million in fees but claimed the firm didn't know how the portfolio was formed.

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Bryan Cave made $1M in fees on Quellos scheme

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