Igor Purlantov, a New York attorney, pleaded guilty and was sentenced to 24 months in prison for fraudulently transferring more than $1 million from the bank accounts of a deceased California resident and then failing to pay taxes on that income. According to court documents, Purlantov defrauded a deceased family friend by fraudulently adding himself on to the friendʼs HSBC bank account in Geneva and then transferring more than $1 million to his own accounts in London before transferring some of the money to his accounts in New York. The defendant then failed to pay taxes on the stolen income. Purlantov agreed to fully reimburse the beneficiaries of his deceased friend $1,175,666 and to pay $293,048 in back taxes to the Internal Revenue Service.
Troy A. Beam, of Shippensburg, was sentenced to 74 months in prison for tax evasion, obstructing and impeding the due administration of the Internal Revenue laws, and willful failure to file federal income tax returns. According to evidence introduced at trial, Beam, a former certified public accountant and state auditor in the Pennsylvania Auditor Generalʼs Office, failed to file any federal income tax returns since April 1996. The evidence at trial proved that from 1999 to 2007, Beam earned more than $10.3 million in gross income from his various businesses but used North Star Investment Holdings Ltd. to set up a bank account in the Cayman Islands to hide his income and assets.
On September 29, 2011, in Pittsburgh, Pa., Dr. David P. Alan was sentenced to 21 months in prison, three years of supervised release, and ordered to pay a $40,000 fine for his conviction of tax evasion. According to information presented to the court, Alan engaged in a scheme to inflate cost of goods sold deductions for his limited liability corporation for tax year 2004 using an offshore shell corporation and bank account to reduce the income from his business reportable on his individual tax returns. Alan employed the same scheme in tax years 2001-2003, filing false individual joint tax returns for tax years 2001 and 2002.
James A. Simon was sentenced to 72 months in prison, followed by three years of supervised release and ordered to pay $886,901 in restitution to the Internal Revenue Service (IRS) because he did not disclose that he had an interest in foreign bank accounts and did not file required Report of Foreign Bank and Financial Accounts (FBARs) with the Treasury Department regarding the foreign accounts.
Recent international tax and reporting prosecutions was last modified: October 23rd, 2016 by Tax