DENVER (AP) - A patent attorney accused of swindling about $5 million from window-covering giant Hunter Douglas over 14 years has pleaded guilty to felony counts of tax evasion and fraud.
The Denver Post reports (https://goo.gl/AUdhcK ) 55-year-old Jason Throne, of Rockport, Maine, entered his plea Tuesday and is scheduled to be sentenced July 13.
Prosecutors say he submitted and approved bogus bills for Hunter Douglas to pay from a Colorado shell company he and his wife secretly controlled. Hunter Douglas sued Throne in July 2014, and months later he acknowledged that he had engineered the scheme and agreed to pay all the money back.
The lawsuit accused Throne and his wife of pocketing about $40,000 a month beginning in 2000, using the money to build luxury homes in Steamboat Springs and in Maine.
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Information from: The Denver Post, https://www.denverpost.com
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