A Long Beach woman who concealed her millionaire ex- husband’s income was sentenced Tuesday to three years probation and ordered to pay nearly $600,000 in restitution to the state’s Franchise Tax Board.
Linda Ann Knowlton, 70, was married from 1981 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 Los Angeles County District Attorney’s Office.
Tommy Knowlton — who died in 2015 — funneled more than $70 million to his ex-wife’s personal checking account, according to the D.A.’s office.
She 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, according to Deputy District Attorney Jeffrey Stodel.
Knowlton, who pleaded no contest last September to a felony count of tax evasion, 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