${site.data.firmName}${SEMFirmNameAlt}
Ste. Genevieve : 573-883-3056
St. Louis : 314-260-6120
NASHVILLE : 615-733-8168
Toll Free : 888-367-6512

Man pleads guilty to tax evasion

When a person is accused of a crime, he or she likely has several questions that must be answered before proceeding. In many cases, people in Missouri with little experience with the criminal justice system may not fully understand the charges against them. In some cases, a defendant may feel that he or she has no other option than to plead guilty. In fact, one man in another state has recently pleaded guilty to a charge of tax evasion.

The charges involved a 52-year-old man. According to reports, the man both worked for and had a business interest in a company called Innovative Concepts Corporation. The company apparently contracted with companies in another country. Intermediaries helped facilitate business transactions, performing tasks such as negotiating with factors and ensuring that manufactured products are shipped.

Unfortunately, law enforcement officials claimed that the man instructed some of the intermediaries to overcharge ICC from 2008 to 2011. The intermediaries would then return the overcharge to the man. In this method, the man is accused of receiving over $630,000 in improper income. He allegedly failed to pay taxes on the income as well, resulting in a debt of over $186,000 to the Internal Revenue Service.

The man is expected to be sentenced in mid-December. He could spend up to five years in prison and incur a fine of $430,000, including back taxes, penalties and interest. Unfortunately, many people in Missouri accused of a crime are unsure how to respond, especially in complicated cases involving allegations of tax evasion. Fortunately, there are professionals who can help.

No Comments

Leave a comment
Comment Information
EMAIL US FOR A RESPONSE

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Ste. Genevieve Office
150 Merchant Street
(By Appointment)
Ste. Genevieve, MO 63670

Phone: 573-883-3056
Fax: 573-883-3095
Ste. Genevieve Law Office Map

St. Louis Office
3636 South Geyer Road, Suite 100
(By Appointment)
St. Louis, MO 63127

Phone: 314-260-6120
Fax: 314-238-7201
Map & Directions

Nashville Office
424 Church Street
Suite 2000
PMB 293
Nashville, TN 37219

Phone: 615-733-8168
Map & Directions

Review Us