U.S. Department of Justice Marcos Daniel
Jiménez |
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99
N.E. 4th Street Miami, FL 33132 (305) 961-9001 |
PRESS RELEASE |
FOR IMMEDIATE RELEASE |
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August 23, 2004 | Carlos B. Castillo, Special Counsel for Public Affairs, (305) 961-9425 |
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TAX EVASION DEFENDANT SENTENCED TO 15-MONTH PRISON TERM
Marcos Daniel Jiménez, United
States Attorney for the Southern District of Florida; Eileen J. OConnor,
Assistant Attorney General, Tax Division, United States Department of Justice;
and Brian J. Wimpling, Special Agent in Charge, Internal Revenue Service (IRS),
Criminal Investigation, announced today that on August 20, 2004, defendant,
Laurie Gregoriou (L. Gregoriou), was sentenced by United States
District Court Judge Daniel T.K. Hurley, in West Palm Beach, Florida, to a
term of fifteen (15) months imprisonment for L. Gregorious conviction
for conspiring against the IRS, in violation of Title 18, United States Code,
Section 371. Judge Hurley also sentenced L. Gregoriou, who previously pleaded
guilty to the referenced charge, to a term of two (2) years supervised
release and ordered her to pay $421,514.13 in restitution to the IRS.
L. Gregoriou and co-defendant, John Gregoriou (J. Gregoriou), her husband, were charged in an Indictment with the conspiracy charge. In addition to the conspiracy charge, J. Gregoriou was charged in the Indictment with one (1) count of tax evasion, in violation of Title 26, United States Code, Section 7201. J. Gregoriou, who is awaiting sentencing, previously pleaded guilty to both counts of the Indictment. The maximum statuary penalty for each count is five (5) years imprisonment and a $250,000 fine.
According to statements made in court, Gregoriou Publishing, Inc. (GPI), a company that published magazines listing foreclosures, failed to pay over to the IRS more than $200,000 in taxes withheld from its employees. The tax amount was based on approximately $1.1 million in income from approximately one hundred (100) employees between April, 1992, and December, 1993. When a company fails to pay over withholding taxes, the person responsible for making the payments is subject to a Trust Fund Recovery Penalty equal to the amount of the withheld taxes, plus interest. The person responsible for the payment is any officer of the corporation or anyone connected to the corporation that has access to the corporations finances. J. Gregoriou, the sole shareholder and President of GPI, was the person who signed off on the companys quarterly tax returns and deemed by the IRS as subject to the Trust Fund Recovery Penalty. As of the date of the Indictment, the total owed by J. Gregoriou on this debt was approximately $420,000. The defendants conspired to evade payment of this debt by, among other things, placing J. Gregorious assets, income, and businesses in nominee names, including L. Gregorious name and the names of both of their parents.
Mr. Jiménez
commended the investigative efforts of the Internal Revenue Service, Criminal
Investigation. The case is being prosecuted by Assistant United States Attorney
Carolyn Bell and Trial Attorney Shelly Goldklang, Tax Division, United States
Department of Justice.
A copy of this press release may
be found on the website of the United States Attorney's Office for the Southern
District of Florida at www.usdoj.gov/usao/fls.
Related court documents and information may be found on the website of the
District Court for the Southern District of Florida at www.flsd.uscourts.gov
or on http://pacer.flsd.uscourts.gov.
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