Tax Evasion Lands Hopkins Man in Hot Water
A federal jury has convicted a Hopkins man of tax evasion after a five-day trial, announced Acting U.S. Attorney W. Anders Folk.
Daniel Berglund, 64, was found guilty on all four counts of tax evasion, which carries a maximum sentence of up to five years in prison and a fine up to $250,000 per count.
The evidence presented at trial revealed that Berglund, the owner and sole employee of Faith Software, had been hiding income from the IRS since 1997. He deposited clients’ payments into accounts where the funds would not be traceable to him, and converted his income into silver that he stashed in concealed locations in his home.
Berglund’s tax evasion resulted in a total tax debt of approximately $146,806. The conviction is the result of an investigation conducted by the IRS Criminal Investigation Division with the assistance of IRS Field Collections.
Berglund’s lawyer is likely facing a difficult task, as the evidence against him is substantial. Berglund took numerous steps to hide his income, including giving his FAITH clients a fabricated Tax Identification Number to prevent their payments from being reported to the IRS as income attributable to him.
The case was tried by Assistant U.S. Attorneys Matthew S. Ebert and Kimberly A. Svendsen. A sentencing date has yet to be scheduled, but one thing is clear: Berglund’s actions have consequences.
In this case, Berglund’s evasion has resulted in a hefty tax debt and a potential prison sentence. As he awaits his sentencing date, Berglund would do well to reflect on the importance of paying one’s taxes on time.
The conviction serves as a reminder to all individuals and businesses of the importance of complying with tax laws.
Related Federal Cases
- Gary Spencer Smith Sentenced in $243K Tax Evasion Scheme · North Dakota
- Hammerschmidts Sentenced in $2M Tax Fraud Scheme · Minnesota
- Steven Ingersoll Gets 41 Months for Charter School Tax Fraud · Illinois
- Ebony Shante Yarbrough Sentenced in $500K Tax Fraud Scheme · Minnesota
- Diallo Dotson Pleads Guilty in $22M IRS Tax Fraud Conspiracy · Michigan
Key Facts
- State: Minnesota
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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