Seggerman Pleads Guilty in Family Tax Evasion Conspiracy

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Henry Seggerman, accused with other family members of hiding from federal authorities millions of dollars in his father’s estate, pleaded guilty in Manhattan federal court to conspiracy and tax crimes.

The U.S. claimed Seggerman’s father, Harry G.A. Seggerman, a New York businessman who died in 2001, left a $24 million estate, more than half of which was held in undeclared Swiss accounts. Henry Seggerman, 60, is listed on the website of his father’s hedge fund management firm, International Investment Advisors LLC, as the chief investment officer.