Carlos Cortes, Failure to File Tax Return, Texas 2014
San Antonio resident and artist Carlos Cortes has been sentenced to 12 months in prison for his role in a tax evasion scheme. Cortes, a master of the 'Faux Bois' art form, pleaded guilty to one count of failure to file a 2009 tax return on April 21, 2014.
According to court documents, Cortes earned a substantial income in the years leading up to his sentencing, with gross income well exceeding the filing requirements. Between 2006 and 2009, Cortes earned $62,043, $66,138, $457,192, and $781,847 respectively.
Despite his significant earnings, Cortes failed to file individual income tax returns for each of these years. His actions ultimately led to his sentencing, with U.S. Magistrate Judge John W. Primomo ordering Cortes to begin serving his sentence immediately.
Cortes was remanded into the custody of the U.S. Marshal's Service and will serve one year of supervised release following his prison term. He was also ordered to pay $404,433 in restitution and fined $6,000.
Acting Assistant Attorney General Caroline D. Ciraolo commended the special agents of IRS-Criminal Investigation for their work in investigating the case, as well as Trial Attorney Robert Kemins of the Tax Division for his prosecution efforts.
Cortes' sentencing serves as a reminder of the importance of complying with tax laws and the consequences of failure to do so. The case highlights the commitment of law enforcement agencies to ensure that individuals and businesses adhere to tax regulations.
Cortes' case is a stark example of the consequences of tax evasion. His actions not only led to his own sentencing but also resulted in significant financial losses for the U.S. government. His story serves as a cautionary tale for those who may be tempted to skirt tax laws.
Key Facts
- State: Texas
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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Source: https://www.justice.gov/archives/opa/pr/texas-artist-sentenced-prison-failure-file-income-tax-return