Brent H. Metcalf, an accountant who lives in Cottonwood Heights, has accepted a plea deal in the government's case against six men accused of running an illegal tax shelter using offshore banks.
The government maintains that the men used false documents to show financial losses to offset their clients' incomes from 1996 to 2005. About $60 million was hidden in offshore bank accounts, allowing their clients to avoid $20 million in taxes.
Metcalf has accepted a plea deal, along with Graham R. Taylor of Tiburon, Calif., Stephen F. Peterson of Coalville and Reed H. Barker of Littleton, Colo.
The two remaining defendants are attorney Dennis B. Evanson of Sandy and investment broker Wayne F. DeMeester of Sammamish, Wash. Jury selection for their trial began Monday.