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Friday, September 02, 2011

Veteran Attorney Disbarred, Pleads Guilty To Tax Evasion

Stanley Needleman's 30-year law career officially came to an abrupt end Thursday when the criminal defense attorney pleaded guilty to tax evasion and agreed to pay more than $1 million in penalties.

The plea came four months after agents from the Drug Enforcement Administration raided his downtown law office and Pikesville home, finding $1.15 million in unreported income inside two safes. Agents found a ledger detailing the cash payments from his legal clients, prosecutors said.

"Any businessman who receives payments in cash faces the temptation to commit similar crimes — some fall to that temptation," said U.S. Attorney Rod J. Rosenstein in an interview after the hearing. "Our hope is that cases like this come to the public's attention and serve as a deterrent."

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