Related Federal Cases
- Olsen Saravia-Hernandez Sentenced to 43 Months for Tax Fraud Conspi… · Alabama
- Corey Thompson Sentenced for Identity Theft and Tax Fraud, Montgome… · Alabama
- Gerardo Heriberto Nuñez Nuñez, Elder Fraud Scheme, Boston MA, 2026 · Pennsylvania
- Orlando Pascual Jr., HIV Treatment Medicare Fraud, Miami FL, 2023 · Florida
- Juan A. Tony Marrero, Medicare Fraud Scheme, Miami FL, 2023 · Florida
Carl Nicholson, 5-Year Prison Sentence for Tax Fraud, Mississippi 2019
A prominent certified public accountant (CPA) in Mississippi has been sentenced to five years in prison for tax fraud, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman and United States Attorney Mike Hurst for the Southern District of Mississippi.
Carl Nicholson, a well-known CPA, was convicted of conspiracy to defraud the United States as well as six counts of aiding in the preparation of false tax returns and four counts of filing false tax returns. A jury delivered the guilty verdict on February 8, 2019.
According to court documents and evidence presented at trial, Nicholson conspired with a client to falsely classify $740,000 of personal payments as business expenses and filed false tax returns on the client’s behalf with the Internal Revenue Service (IRS). Nicholson was also found guilty of filing his own false personal income tax returns for 2012 through 2015, falsely claiming expenses, failing to report embezzlement income, and under-reporting the gain on the sale of his accounting firm Nicholson & Company.
U.S. District Court Judge Keith Starrett handed down the prison sentence, which includes three years of supervised release, a $25,000 fine, and restitution of $629,432 to the IRS. The sentence serves as a reminder that the government will prosecute fraudulent tax return preparers, who violate this nation’s tax laws, and that the penalties for such conduct include significant prison time.
“Today’s prison sentence for CPA Nicholson should serve as a reminder that the government will vigorously enforce tax laws and that justice will always be done in the Southern District of Mississippi,” stated Principal Deputy Assistant Attorney General Zuckerman.
U.S. Attorney Mike Hurst added, “Carl Nicholson abused his position of trust as a CPA and defrauded Mississippians and American taxpayers. This case illustrates that no one is above the law, and that our tax laws will be vigorously enforced.”
Principal Deputy Assistant Attorney General Zuckerman and United States Attorney Hurst thanked special agents of IRS-Criminal Investigation and investigators with the Mississippi Auditor’s Office, who investigated the case, and Assistant United States Attorney Jay Golden and Trial Attorney Kim Shartar of the Tax Division, who prosecuted the case.
Key Facts
- State: Mississippi
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News