Daniel P. Gibson, Tax Fraud, Massachusetts 2019

Former Attorney Sentenced to 2 Years in Prison for Tax Fraud Scheme

BOSTON – A former attorney from Andover, Massachusetts, was sentenced yesterday to two years in prison for engaging in a years-long scheme to defraud the IRS.

Daniel P. Gibson, 62, was sentenced by U.S. District Judge Indira Talwani to 24 months in prison, two years of supervised release, and restitution in an amount to be determined at a later time. In May 2019, Gibson was convicted following trial of two counts of tax fraud and one count of conspiring to defraud the IRS.

At trial, the evidence showed that Gibson conspired with his accountant to prepare and file false tax returns in the tax years 2005, 2006, 2008, and 2009 that intentionally underreported approximately $3.7 million in income earned by the law firm of which Gibson was the managing partner.

As a result, Gibson underreported his personal income by approximately $2.5 million and avoided taxes of more than $875,000.

United States Attorney Andrew E. Lelling and Kristina O'Connell, Special Agent in Charge of the Internal Revenue Service's Criminal Investigations in Boston, made the announcement today.

Assistant U.S. Attorneys Sara Miron Bloom and William B. Brady of Lelling's Criminal Division prosecuted the case.

Gibson's scheme was uncovered after a lengthy investigation by the IRS's Criminal Investigations division, which worked closely with the U.S. Attorney's Office to bring the former attorney to justice.

The case serves as a reminder that tax fraud will not be tolerated and that those who engage in such schemes will be held accountable.

Defendant Information:

Defendant: Daniel P. Gibson

Charge: Two counts of tax fraud and one count of conspiring to defraud the IRS

City and State: Andover, Massachusetts

Exct Date: May 2019

Sentence: 24 months in prison and two years of supervised release

Restitution: Amount to be determined

Dollar Amounts:

$3.7 million in income underreported by the law firm

$2.5 million in personal income underreported by Gibson

$875,000 in taxes avoided by Gibson

Source: https://www.justice.gov/usao-ma/pr/suspended-andover-attorney-sentenced-tax-fraud