Photo via Pixabay
Photo via Pixabay

A Long Beach woman pleaded no contest Thursday to a felony tax evasion charge for concealing her millionaire ex-husband’s income.

Linda Ann Knowlton, 69, is facing three years of felony probation and is expected to be ordered to pay nearly $600,000 in restitution when she is sentenced Dec. 13, according to the Los Angeles County District Attorney’s Office.

Knowlton was married from 1982 to 1990 to Tommy Knowlton, who made millions of dollars in the oil business and stopped filing income tax returns in 1996, according to the District Attorney’s Office.

Tommy Knowlton — who died last year — funneled more than $70 million between 2008 and 2011 to his ex-wife’s personal checking account, according to Deputy District Attorney Jeffrey Stodel.

Linda Knowlton had no other source of income other than her ex-husband at the time, and the two continued living together at a home she bought in spite of her lack of personal income, the prosecutor said.

She often wrote checks to her ex-husband and his creditors to be paid through the money he deposited into her account in an effort to conceal it from tax authorities, Stodel said.

–City News Service

Leave a comment

Your email address will not be published. Required fields are marked *