Dr. Robert B. Sperrazza, M.D., a former anesthesiologist from Albany, Georgia, has been sentenced to 36 months in federal prison for tax evasion and currency structuring. The 61-year-old resident of Panama City Beach, Florida, was convicted by a jury on June 7, 2013, of five felony offenses, including three counts of tax evasion and two counts of currency structuring.
Currency structuring is a criminal offense involving the intentional making of cash transactions in amounts under $10,000 to avoid the Currency Transaction Reporting Requirement of the Internal Revenue Service. According to the government’s evidence, Dr. Sperrazza personally cashed over one million dollars in patient checks at a local bank in Albany, Georgia, structuring the transactions to evade bank reporting requirements.
Dr. Sperrazza, who once operated a pain clinic in Panama City Beach, Florida, is now banned from practicing medicine due to his conviction. ‘Our tax and currency reporting laws simply require that we play by the rules,’ U.S. Attorney Michael Moore stated. ‘Dr. Sperrazza tried to get around the rules and was caught by his own greed. He may have evaded the tax laws, but now he faces a considerable prison sentence because criminal law caught up with him.’
The investigation into Dr. Sperrazza’s activities was a joint effort between the Criminal Investigation Division of the IRS, the Special Enforcement Program of the IRS, and the United States Secret Service. Assistant United States Attorney James N. Crane handled the prosecution.
For inquiries regarding this case, contact Pamela Lightsey at the United States Attorney’s Office at (478) 621-2603.
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Key Facts
- State: Georgia
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption|White Collar Crime
- Source: Official Source ↗
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