Tax fraud can encompass a whole host of activities, from creating shelter companies to hide assets to simply refusing to pay taxes. Both activities are taken seriously and both require an equally serious defense. Tax fraud is one of the most common forms of white-collar crimes. California residents facing state or federal investigations into tax fraud might be interested in a recent case involving a South Carolina legislator charged with tax fraud.
A California man pled guilty to multiple federal charges, including tax evasion. The man faces nearly 30 years in prison and other penalties as a result of his conviction. Before being convicted, the man owned a large warehouse at which premium wine was stored for a fee. The man admitted that he embezzled wine, failed to report income to the IRS and set his wine warehouse on fire.