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flag Real estate owner Steven T. Loo found guilty of hiding $4.7M from IRS, faces up to 48 years in prison.

flag Steven T. Loo, a 69-year-old Seattle real estate owner, was found guilty of hiding over $4.7 million in income from the IRS using shell companies and fund transfers. flag Loo, who owned properties in Washington and California, faces up to five years in prison for each of the six counts of tax evasion and up to three years for each of the six counts of making false tax returns. flag His sentencing is set for October 9, 2025.

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