metal + hardcore
pop punk + alt-rock
indie spins


Ex-Grateful Dead manager sentenced

A former manager for the Grateful Dead has been sentenced to five years in federal prison for tax evasion, prosecutors said Tuesday.

Ronald Leon Rakow, 69, was ordered to begin his prison term in June for evading payment of $2.2 million in taxes owed to the Internal Revenue Service, the U.S. attorney’s office said.

Rakow was convicted in July of one count of tax evasion. During his two-week trial, prosecutors presented evidence showing Rakow hid his assets to prevent the IRS from collecting taxes dating back to 1985.

Prosecutors said that from 1998 to 2003, Rakow transferred about $5.2 million in income from consulting fees, stock and assets under his control into accounts held in other names. They alleged Rakow directed accountholders to use the funds to pay his expenses.

Rakow had asked for a lighter sentence, but U.S. District Judge Margaret M. Morrow rejected his request. She said he chose to break the law to support his “comfortable lifestyle.”

An after-hours call to Rakow was not immediately returned Tuesday.

We utilize cookie technology to collect data regarding the number of visits a person has made to our site. This data is stored in aggregate form and is in no way singled out in an individual file. This information allows us to know what pages/sites are of interest to our users and what pages/sites may be of less interest. See more