Exiled NYC Hotel Executive Makes Plea Deal
After years of trying to avoid prison time in the United States, a multimillionaire hotel executive has won his freedom, in exchange for payments totaling more than $100 million. The executive, Stanley S. Tollman, 78, pleaded guilty — via video link between London and a federal courtroom in Manhattan — to one count of tax evasion, and will pay more than $60 million in back taxes, interest and fraud penalties. He has also agreed to pay $44.7 million to settle a civil forfeiture suit related to allegations in a 2002 indictment charging him and six others with various fraud offenses. As part of the plea deal, Mr. Tollman, who left the country in 2002 just before being indicted on tax evasion and fraud charges, and who has been fighting extradition ever since, will serve a one-day term of probation, the United States attorney’s office said.