Frank A. Rubino , ESQ.

FEDERAL AND INTERNATIONAL CRIMINAL DEFENSE

Coral Gables: 305-858-5300
Houston: 713-574-7716
Toll-Free: 1-866-718-3994
Main Menu
Practice Area

Guilty plea made by optometrist in tax evasion case

When a person is accused of using an offshore business to commit tax evasion, he or she can face serious criminal charges. Being found guilty of these charges can have major consequences. For example, a tax evasion conviction can result in a person facing jail time.

A man is currently facing a possible prison sentence in a tax evasion case in Pennsylvania. The man in question is 64 years old and he ran an optometry business. The man has been accused of committing tax evasion through the use of an offshore company.

The man allegedly set up an offshore company and ran some of the transactions of his optometry business through it. Authorities claim that the man structured these transactions in such a way that the recorded expenses of his optometry business were artificially increased. He allegedly used these inflated expenses to claim tax deductions. Authorities claim that the man also had the offshore company pay off credit cards that he used for personal expenses.

Authorities allege that the man evaded hundreds of thousands of dollars of U.S. taxes through these actions. The man faced charges for tax evasion in connection to these allegations. On Monday, the man pled guilty to these charges. The man could be sentenced to serve up to five years in prison in connection to the crimes he pled guilty to.

Any criminal attorney in Miami understands that facing criminal charges for tax evasion is a very serious matter. This case underscores how being convicted of these charges can result in a person facing severe criminal penalties. These penalties can have major effects on a person's life.

Source: The Pittsburgh Post-Gazette, "Greene County optometrist pleads guilty to tax evasion," 5 April 2011

No Comments

Leave a comment
Comment Information

Coral Gables Office

Frank A. Rubino, Esq.
550 Biltmore Way Suite 780
Coral Gables, FL 33134

Local: 305-858-5300
Toll Free: 1-866-718-3994
Coral Gables Law Office Map
Email the Firm

Houston Office

Frank A. Rubino, Esq.
712 Main St
Houston, TX 77002

Local: 713-574-7716
Toll Free: 1-866-718-3994
Map and Directions
Email the Firm