Jeffrey Greenstein Sentenced to Prison

Pictures of Greenstein’s mansion on Mercer Island

Site of lavish fund raisers

The Seattle Times published an extensive article Friday 1/28/11 by Mike Carter about Jeffrey Greenstein. Greenstein and his partner, Charles Wilk, were each sentenced to four years and two months of prison. They were found guilty of recruiting wealthy clients to execute one the largest tax-evasion scams in U.S. history involving $240 million of evaded taxes in one year.

Prior to being indicted in 2009 for this crime, Greenstein was a highly regarded and well respected businessman and philanthropist in the Seattle area. He founded and ran Seattle based Quellos Group, a hedge fund, which he sold in 2007 to a New York firm for $900 million. He contributed generously to numerous charities and Democratic candidates. He was on the board of trustees of the Seattle Art Museum.

The photograph above, along with information about the mansion, is from page 76 in my book, Lake Washington 130 Homes.