I recently appeared on the Frank Pastore Show on KKLA 99.5, in lieu of IndyMac Federal Banks recent failure, to shed some light on the topic:
   IndyMac and other similar bank failures are not rare and have been highly blown up by the media and Internet. You have to look back to between 1982 and 1992 and remember Charles Keating and the savings and loan debacle, where 2,800 banks were shut down in those years. To
[Read More]

  A Colorado man was indicted for attempting to bribe an IRS agent. Edward Sobczewski, 47, of Monument, Colo., was arrested by special agents with the Treasury Inspector General for Tax Administration. According to the indictment, Sobczewski attempted to bribe an IRS agent with Colorado Rockies season tickets in return for the agent altering his 2006 personal income tax return audit. “The message is simple: Don’t even think about bribing an IRS agent with
[Read More]

A Mesa, Ariz., man has been indicted for income tax evasion, corrupt interference with the due administration of  the  Internal Revenue Service and multiple counts of fraudulent use of a Social Security number.  According to the indictment, Stacey owned and operated a paving business under the names A to Z Paving, Triple A Paving, Texas Paving, Pave Your Way Construction, and A to Z Paving Engineering. Stacey did not file individual
[Read More]

William J. Tway and Robert J. Ford were sentenced in Boise, Idaho, for conspiracy to defraud the IRS through their operation of Big Bucks Bingo in Garden City. They were sentenced to six months in prison, to be followed by nine months of home detention, and they must also pay a fine of $30,000. Ford and Tway ran Big Bucks Bingo starting in 1996 under a provision in the state constitution that permits
[Read More]