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Lawyer Gets Ten Years For Tax Scheme

dollarA Montgomery County lawyer convicted of creating a complex scheme that allowed him and eleven clients to evade millions of dollars in federal income taxes has been given at least ten years in federal prison. A federal court jury in Philadelphia found 60-year-old Bernard “Jay” Bagdis, who lives in Norristown and had a law office in Blue Bell, guilty on dozens of tax-related charges last year.  Prosecutors said doctors, engineers and other professionals all participated in the scheme, where Bagdis set up numerous corporations that enabled them to hide more than $23 million from the Internal Revenue Service over a ten-year period.  They were able to avoid paying more than $4.5 million in federal income taxes owed by the individuals and corporations.  The jury also found two of his clients guilty.  The other nine had entered guilty pleas earlier.
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Environmental Sustainability. Local stores help to sustain vibrant, compact, walkable town centers which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution. "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Competition. A marketplace of tens of thousands of small businesses is the best way ensure innovation and low prices over the long-term.
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Product Diversity. A multitude of small businesses, each selecting products based, not on a national sales plan, but on their own interests and the needs of their local customers, guarantees a much broader range of product choices. "Shop Locally for the Holidays."
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 Tune in tonight at 7:55 PM for WNPV's first broadcast of the year of Gwynedd Mercy University Men's basketball.
WNPV AM 1440 Big sports weekend coming up! Start tonight with Downingtown East at Quakertown high school football at 6:30 PM. Tomorrow, we have Temple at Penn State starting at 10:30 AM (sorry, no "Premium Adjustment" this month! :(), followed by the final NASCAR Nationwide Series race, joined in progress. Sunday, it's the final NASCAR Sprint Cup race with the crowning of this year's Champion, starting at 2 PM. So stay tuned to 1440 AM all weekend ... or listen live online at www.wnpv1440.com.
WNPV AM 1440 High School football tomorrow night on WNPV: Downingtown East at Quakertown at 7 PM. Tune to 1440 AM or listen live online at www.wnpv1440.com.

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