Tax Evasion by Las Vegas Lawyer: Gets 2 Year in Prison

A Las Vegas lawyer was sentenced to two years in prison and ordered to pay $260,625 in restitution after pleading guilty to tax evasion for tax year 2002.

Operating as a sole practitioner in Nevada, Charles C. LoBello concealed more than $900,000 in income from the United States, intentionally gave incomplete information to his bookkeeper and tax return preparer, and used personal checking accounts to hide large checks he received as legal fees.

In his guilty plea, LoBella admitted that for the years 2001 through 2005, he owed an additional $260,625 in income taxes.

His brother was in a similar situation. Mark LoBello, also a Nevada attorney, pleaded guilty to tax evasion in August 2008 and was sentenced to 15 months in prison.

More Tax Help, IRS News and Tax Relief Tips:

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