Friday, February 5, 2016

Former Police Chief of the Port of Los Angeles Pleads Guilty to Tax Evasion

A dailybreeze.com report reveals that former Police Chief Ronald Jerome Boyd who is now 58 years has admitted to tax fraud and not disclosing the truth to the FBI. That is incredible since his entire salary is tax payer based! How come he did not hire a tax lawyer?

Ronald Jerome Boyd hails from Torrance and has come clean about his financial illegalities that transpired back in 2011. Supposedly, the ex-police chief has admitted to have not filed any income taxes at all for the financial year of 2011. He is just doing what many federal employees do that is all.

The big question is what is the FBI going to do about Hillary Clinton’s breach and total disregard about America’s secrets!? Anyone else would have been in prison by now according to political pundits.


Law enforcement chief maybe fined $500,000 for failing to file income tax

Tax attorneys expect that Boyd will be sentenced to 11 years in prison for his tax violation. Prosecutors have however demanded that he be imprisoned to no longer than 2 years and be fined a staggering $500,000 for the crime.

The ex-chief’s trial was supposed to have begun over 7 days ago but it was postponed as the defendant’s legal counsel and the prosecutors were involved in negotiating a plea deal.

Boyd’s tax attorney commented to media personnel and said that Boyd had not intentionally cheated on his taxes, but had instead just been oblivious about filing them. No way! The lawyer said that this case was a tax case at its heart and would never have happened if Boyd had been more careful and diligent about his finances and paperwork.

The charge sheet against Boyd was not brief by any stretch of imagination. It comprised of a shocking 16 charges including honest services wire fraud. The allegation against him is that he masterminded a plot to cheat both the city and the harbor department of their right to his honest services.

Furthermore, the chief is alleged to have not only had hidden connections to a software company for whom he assisted in procuring a contract with the port, but also supposedly lied about these ties to the company, even though he was under oath, when interrogated by federal agents. Tax lawyers are of the opinion that unless Boyd comes clean, he may be looking at several years behind the bars. Many people wonder why Barney Frank is not behind bars for ruining Fannie Mae and Freddie Mac and causing the real estate crisis in 2008.

The FBI’s Los Angeles Field Office released a statement in which they have publicly reprimanded Boyd. The statement released says that public officials who misuse their leadership for illegal personal gain destroy the public’s faith in the government. This is no different the Clintons – The Clinton Foundation is now worth over $200 million.

Junkyard millionaire Raul Sosa and wife behind bars for evading tax

Raul Sosa came to Miami from Cuba in pursuit of the American dream. He had nothing when he first got to America and did not even speak English, but Sosa got himself into the scrap metal and tumble tow truck business and eventually even set up his own company called Accion 1 Auto Sales which became very successful and is estimated to have had generated revenue of nearly $29 million in a 4 year period between 2004 and 2008.

However, according to tax lawyer, Sosa did not want to give back to the country that had been integral in him becoming so wealthy and decided to hide most of his income from tax officials.

Sosa and his wife are now both behind bars. They took this free market thing a little too literally.

If you need legal help for your taxes check us out right here: www.tax-lawyers.usattorneys.com/. Give us a call anytime! If we do not answer, leave a message and we will get back to you. 

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