Archives September 2016

Businessman Pleads Guilty to Foreign Bribery and Tax Charges

Businessman Pleads Guilty to Foreign Bribery and Tax Charges

The owner of multiple U.S.-based energy companies pleaded guilty to foreign bribery and tax charges for his role in a scheme to corruptly secure energy contracts from Venezuela’s state-owned and state-controlled energy company, Petroleos de Venezuela S.A. (PDVSA).

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Defendant Appeals His Conviction to Making False Statements to a Bank

Defendant appeals his conviction on seven counts of making false statements to a bank. The false statements were made in order to carry out a tax evasion scheme. The Defendant appealed arguing that the law required that the false statement had to cause a loss to the bank or a liability. The Court disagreed and upheld the convictions.

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Taxpayer Convicted For Not Accurately Reporting Funds Received In Exchange For Sex

Veronica Fairchild was convicted on four counts of filing false tax returns pursuant to 26 U.S.C. 7206 for failing to accurately report the amount of funds she received for sex. The taxpayer appealed the verdict in part because the Court refused her request that the jury be instructed that they must unanimously agree as to person who paid her the funds. The verdict was affirmed.

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