On Feb. 21, 2014 in San Antonio, Texas, three individuals were sentenced for their roles in a $133 million tax fraud scheme. John Bean was sentenced to 72 months in prison, three years of supervised release and ordered to pay over $120 million in restitution. Bean pleaded guilty in March 2013 to money laundering and a mail fraud conspiracy. Pat Mire was sentenced to 36 months in prison, three years of supervised release and ordered to pay $10 million in restitution. Mire pleaded guilty in November 2011 to money laundering and a mail fraud conspiracy. Mike Solis was sentenced to 24 months in prison and three years of supervised release. Solis pleaded guilty in December 2012 to mail fraud conspiracy. A fourth defendant, John D. Walker II, was sentenced to five years’ probation and ordered to pay $450,000 restitution. Walker pleaded guilty in May 2012 to a Klein tax fraud conspiracy charge and a false statements charge. Two other co-defendants, Larry Kimes and Charles Pircher, have both pleaded guilty and await sentencing. According to court documents, between 2002 and 2008, the defendants participated in a scheme in which they stole more than $133 million from the clients of a series of Professional Employer Organizations (PEO) operated by the defendants. The PEOs entered into staff leasing agreements with various client companies to manage the companies’ payroll and insurance programs. The co-conspirators diverted to their own use and benefit clients’ monies that should have been paid for payroll taxes and insurance premiums. (Source: IRS.gov)
For immediate assistance with your IRS or State tax matter, contact us today at 1-714-382-6780 for a FREE and CONFIDENTIAL consultation with our CPAs and former IRS Agents.
As Featured In