California Attorney Sentenced For Tax Evasion
A San Diego, California, attorney was recently sentenced for tax evasion from 2000 to 2002, on an approximate $3 million in income.
Craig Shaber, received 10 months in prison for his role in a tax evasion scheme, as part of a plea agreement, according to the U.S. Department of Justice. He, along with co-conspirator Steven Wright, received multiple shell companies fraudulently, and gave various security organizations falsified registration information.
One of the companies was sold, and the two men made approximately $260,000 in cash. The rest of the funds were made from selling off the other shell companies. Shaber claimed the income was from stocks, and sent it to multiple bank accounts, before withdrawing the money and using it for personal expenses.
He purchased a helicopter, airplane, cars, a home and multiple other items with the funds.
Wright was sentenced in March to three months in prison, another 90 days of community confinement, as well as three years of supervised release. He pleaded guilty in 2009, and helped authorities during their investigation of Shaber.