Posts Tagged ‘wire fraud’

22-Year Sentence for Stolen Payroll Tax Funds, Tax Evasion and Other Charges

Tuesday, July 7th, 2009

A Florida businessman was sentenced 22 years and six months in federal prison for, among other charges, for conspiring to commit wire fraud, obstructing an agency proceeding and impeding the IRS, and failing to remit payroll taxes.
Frank L. Amodeo, 48, of Orlando, pleaded guilty and was also ordered to forfeit more than $1 million seized from various accounts, three homes, several luxury automobiles, commercial real estate, a Lear Jet and
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Posted in Back Taxes, Tax news and tips | 1 Comment »

Investment Co. CEO Faces Up to Five Years

Thursday, August 2nd, 2007

John J. Lawbaugh, the former chief executive officer of two Maryland investment companies, pleaded guilty to wire fraud, theft from a registered investment company and income tax evasion.”By abusing his authority as chief executive officer of two investment companies, Mr. Lawbaugh stole more than $1.2 million,” said U.S. Atty. Rod J. Rosenstein. “It is essential for us to protect investors in order to preserve public confidence in our financial markets.”
According
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Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »

CEO Guilty of Hiding $1.1m

Sunday, July 1st, 2007

The chief executive of a California startup company pleaded guilty to tax evasion after not reporting more than $1.1 million in income.John Frances Griffin, 44, of Orinda, Calif., was charged with 15 counts of mail fraud, two counts of tax evasion and one count of wire fraud in connection with a scheme in which he allegedly lied to investors and employees about making significant loans to the company he was
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Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »