Scranton CPA Charged with Money Laundering and Tax Evasion
SCRANTON – Adam Kamor, a 43-year-old Mountain Top resident and Certified Public Accountant, has been charged with money laundering and tax evasion, according to a criminal information filed on February 1, 2019.
According to United States Attorney David J. Freed, the information alleges that Kamor operated the accounting business Decker Accounting LLC in Wilkes-Barre, Pennsylvania. From October 2014 to January 2018, Kamor allegedly embezzled approximately $1,384,000 from one of his clients, a non-profit organization. He allegedly used the embezzled funds for his own personal benefit.
The information also alleges that Kamor failed to report a total of $804,365.73 in income between tax years 2014 ($110,607.08), 2015 ($315,224.71), and 2016 ($378,533.94). Kamor allegedly filed false Form 1040 Individual Income Tax Returns for each of those tax years.
The case was investigated by the Internal Revenue Service’s Criminal Investigations Division. Assistant U.S. Attorney Phillip J. Caraballo is prosecuting the case.
Criminal Informations are only allegations. All persons charged are presumed to be innocent unless and until found guilty in court.
A sentence following a finding of guilt is imposed by the Judge after consideration of the applicable federal sentencing statutes and the Federal Sentencing Guidelines.
The maximum penalty under federal law for this offense is 25 years of imprisonment, a term of supervised release following imprisonment, and a fine. Under the Federal Sentencing Guidelines, the Judge is also required to consider and weigh a number of factors, including the nature, circumstances and seriousness of the offense; the history and characteristics of the defendant; and the need to punish the defendant, protect the public and provide for the defendant’s educational, vocational and medical needs. For these reasons, the statutory maximum penalty for the offense is not an accurate indicator of the potential sentence for a specific defendant.
Key Facts
- State: Pennsylvania
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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