Posts Tagged ‘money laundering’

Investment Fraud Representation Available for Those Duped by Grand Rabbi of Spinka Tax Scheme

Wednesday, February 10th, 2010

You know  you’ve gotten yourself in deep trouble when Wikipedia, the wildly popular online encyclopedia, has an article about you titled “Spinka Financial Controversy“.   What can I say?  Tax evasion and tax fraud, on a small scale or grand scale, is wrong and the IRS will catch you.  For those of you who are victims of fraudulent investment schemes, there is some hope for recovery.  Under the Internal Revenue Code 165 you
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Ohio Man Loses Bet With IRS: Pleads Guilty to Tax Evasion

Tuesday, February 10th, 2009

An Ohio gambler will spend the next 18 months in prison after pleading guilty to tax evasion charges.
Paul E. Sabatino, of Streetboro, Ohio, who pleaded guilty to the charge, was also ordered to perform 150 hours of community service and continue treatment for gambling addiction.
From 2002 to 2005, Sabatino embezzled approximately $1.7 million from a client of the CPA firm where he worked as an accountant. During that period, Sabatino
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Vegas Man Gets 46 Months for Tax Charges

Saturday, January 6th, 2007

A Las Vegas man has been has been sentenced to 46 months in prison for mail fraud, money laundering and tax evasion.
On June 1, 2006, Frank Kolk, 50, pleaded guilty to the charges. In addition to his incarceration, Kolk was ordered to pay $2.5 million in restitution and satisfy his $1.3 million IRS debt.
The charges stem from Kolk’s scheme to defraud
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