Ex-UBS Client Kenneth Heller Pleads Guilty to Tax Evasion

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Kenneth Heller, a disbarred lawyer charged with using an offshore UBS AG account to hide more than $26 million from the Internal Revenue Service, pleaded guilty to evading taxes.

Heller, 81, pleaded guilty to three counts of personal income tax evasion from 2006 to 2008 in a hearing today before U.S. District Judge Kevin Castel in Manhattan.