A former Long Beach estate planning lawyer pleaded guilty to tax evasion related to embezzlement. Federal prosecutors claimed the man stole more than $1.6M from clients and then failed to pay taxes on it. Prosecutors said that the federal government was entitled to more than $675,000 in taxes on the stolen funds. As a result of that finding, the IRS assessed the man $1.4M in back taxes and fines over a period of four years.
In 2004, authorities charged the man with filing a false tax return. He spent three years in prison and lost his license to practice law in California. He also served time in state prison for the initial theft of client funds.
To avoid paying the $1.4M assessment, the man established a pair of shell companies that he used to collect payments on work he performed following his release from prison. Between 2008 and 2012, the man directed other people to sign papers indicating that they were the sole managing members of the shell companies. He also directed them to open bank accounts for the shell companies. The man then deposited client payments into bank accounts. Additionally, the man sought a Taxpayer Identification Number in the name of another person without their permission. The federal government also accused him of not paying taxes in calendar year 2012.
He faces a mandatory minimum sentence of 10 years in prison on the tax evasion charge.
Long Beach Embezzlement Attorney
When you face federal charges for theft of funds, hire an experienced embezzlement attorney like Robert Helfend. Mr. Helfend has more than 30 years of experience in federal criminal defense. He takes federal criminal cases in any US District Court. He also takes state-level cases in Los Angeles County and throughout Southern California.
Federal prosecutors are aggressive, and certain federal convictions carry stiff mandatory minimum sentences. An experienced federal criminal defense attorney can assist you throughout the judicial process. In addition to representing you in court, your attorney can advise you on the best course of action.
Don’t rely on an inexperienced attorney, and don’t assume that a plea deal is your best option. Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273-5611 for an immediate consultation on your Los Angeles County embezzlement/theft case.
Photo Credit: 401(k) 2012, via Flickr.com