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IRS Sues Disgraced Former San Antonio Lawyer Prins

Submitted by jhartgen@abi.org on

Already facing up to 20 years in federal prison, disgraced former lawyer Todd Prins now is tangling with the Internal Revenue Service, the San Antonio Express-News reported today. Prins tried making good on his delinquent income taxes — sending the agency $82,400 in October. Problem is, the IRS doesn’t want the payment, saying in a court filing on Wednesday in Prins’ personal bankruptcy case that the money was “likely stolen.” Prins transferred the money — belonging to a Houston company — out of his now-shuttered San Antonio law firm’s trust account to the IRS, the agency alleges in a complaint also filed on Wednesday. Prins, in a June court filing, said that the IRS’s failure to give him credit for paying the taxes contradicts his understanding of a confidential agreement reached with federal prosecutors.