Feds: Banker Did Not Report Income
Saturday, February 2nd, 2008A California banker is facing a stiff prison sentence after not declaring a six-figure income derived from a prime bank scheme.
Mary J. Clagg, 60, of Fresno, was indicted on federal income tax charges stemming from the scheme. She has pleaded not guilty.
According to the government, from approximately January 1999 to December 2002, CLAGG received commissions from Resource Development International (RDI), a scheme that raised nearly $98 million. RDI was in
