Sunday, April 15, 2007

Ex-Grateful Dead manager jailed

Ronald Leon Rakow, the former manager for US band The Grateful Dead, has been sentenced to five years in prison for tax evasion, say US prosecutors.

The 69-year-old was found guilty of evading payment of $2.2m (£1.1m) in taxes to the Internal Revenue Service.

Prosecutors alleged that between 1998 and 2003 Mr Rakow had tranferred assets to accounts held in other names.

US District Judge Margaret M Morrow said Mr Rakow chose to break the law to support his "comfortable lifestyle".