Archive for the ‘IRS’ tag
Paul Richard Arceneaux, a resident of Church Point, La., was sentenced today to prison for failing to file his personal tax returns for 2003 and 2004 and corruptly interfering with the due administration of the Internal Revenue laws, the Justice Department and Internal Revenue Service (IRS) announced. The Honorable Walter J. Gex III, U.S. District Court Judge for the Southern District of Mississippi, sentenced Arceneaux to 46 months in prison and three years of supervised release. The court also ordered Arceneaux to pay restitution of $176,616.18.
In April 2009, Arceneaux was convicted of all charges following a jury trial in Jackson, Miss. According to the indictment and the evidence presented at trial, Arceneaux, formerly of Long Beach, Miss., filed false tax returns or amended tax returns for tax years 1998 through 2002 on which he falsely claimed he earned no income. Additionally, Arceneaux failed to file tax returns for tax years 2003 to 2006. Arceneaux filed fictitious liens for millions of dollars against the Chancery Clerk for Harrison County, an employee of the Chancery Clerk’s office, and an employee of the IRS. Arceneaux also filed frivolous lawsuits against the Commissioner of the IRS and an IRS employee.
Federal Court Enjoins Las Vegas Man Whose Tax-fraud Scheme Is Estimated to Have Cost Treasury $31 Million no comments
A federal court has permanently enjoined Reinhold Sommerstedt, a Las Vegas-based promoter of a sham trust tax scam. According to papers filed in the case, Sommerstedt created phony domestic and foreign trusts to move customers’ assets from the United States to offshore banks located in the West Indies. Customers allegedly used phony loans and gifts to repatriate their money while concealing it from the Internal Revenue Service (IRS). Customers paid as much as $14,500 to participate in the scheme.
In granting the injunction, Judge Brian E. Sandoval of the U.S. District Court for the District of Nevada said that Sommerstedt failed to present “any evidence to refute the government’s indication that Sommerstedt’s trust scheme was organized and operated solely for the purpose of improperly reducing his customers’ federal tax liabilities.” The injunction bars Sommerstedt from promoting the trust scheme or any similar scheme. He must also give the government a list of his customers’ names, addresses, e-mail addresses, telephone numbers and Social Security numbers. Read the rest of this entry »
Lawrence Cohen, a resident of Las Vegas and a former employee of the now defunct Freedom Books, pleaded guilty today to a tax charge before U.S. District Judge Kent J. Dawson in Las Vegas, the Justice Department and Internal Revenue Service (IRS) announced.
Cohen pleaded guilty to one count of aiding and assisting in the preparation of a false 2000 Form 1040 for a client of Freedom Books. Cohen has agreed to pay restitution for the taxes owed. The plea agreement lists an agreed tax loss of $92,530, most of which is based on the taxes not paid by several Freedom Book clients for whom Cohen prepared false income tax returns. Read the rest of this entry »
Willie Borden, a former Washington, D.C., Metropolitan Police Department officer, pleaded guilty today to a criminal tax charge before U.S. District Court Judge James Robertson.
According to the court proceedings, Borden was the co-owner of B&B Security Consultants located at 1219 Good Hope Road, SE, in Washington, DC. B&B was in the business of providing security guards to various entities and events in the District of Columbia and throughout the metropolitan area. Read the rest of this entry »