Fraud Friday: 51 months in prison with a special enhancement - Spidell

Fraud Friday: 51 months in prison with a special enhancement


A taxpayer who was a Florida psychiatrist was sentenced to 51 months in prison with a special enhancement for using a minor in his scheme. The taxpayer used multiple family members as nominees to hide his income, and he used his 16-year-old son on at least one occasion to move $20,000 via a cashier’s check. The taxpayer also had his son meet with an accountant to prepare tax returns showing income going to the son from one of the taxpayer’s companies. The court noted that it doesn’t matter whether his son understood the true purpose of his actions. (U.S. v. Kranz (March 12, 2020) U.S. Court of Appeals, Eleventh Circuit, Case No. 19-11891)

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