Man Imprisoned for Tax Evasion Scheme
A South Dakota man was sentenced to 30 months in prison for his role in selling and promoting a complicated scheme designed to conceal assets from the IRS.While he was employed as an agent for Aegis Corporation of Chicago, Kerwin Miller, 52, of Mitchell, S.D., marketed, sold and promoted the illegal tax scheme, which involved placing an individual’s assets and income in management companies and trusts in an effort to reduce the income tax liability.
In court, Miller acknowledged that he had received an official IRS notice which advised that the use of these trusts to evade taxes was illegal. Although he said the notice provided a “red flag,” Miller continued to promote the use of the trusts to avoid income taxes.
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Tags: tax evasion, tax scheme
