James Francis Volin, Tax Evasion, Minnesota 2014

Used car salesman James Francis Volin, 64, of Inver Grove Heights, Minnesota, has pleaded guilty to tax evasion charges in a Minnesota federal court.

According to a guilty plea filed on November 18, 2014, Volin agreed to pay nearly $100,000 in outstanding taxes to the Internal Revenue Service in 2008. However, he failed to pay the back taxes as agreed and instead hid the income from his unlicensed and illegal used car dealership.

Between 2012 and 2013, Volin operated the unlicensed used car dealership, generating substantial income in cash. He admitted to not reporting the cash income or filing tax returns and instead put money into cashier’s checks and bank accounts opened under another’s name and social security number to avoid detection.

Volin was originally indicted earlier this year for structuring bank deposits, a way of depositing money into bank accounts in amounts less than those required by law to be reported by the financial institution to the Financial Crimes Enforcement Network (FinCEN). Between April 2012 and April 2013, Volin made structured deposits totaling more than $200,000, in amounts insufficient to trigger mandatory reporting to the government.

The case is the result of an investigation by the Internal Revenue Service – Criminal Investigations and the Minnesota State Patrol Vehicle Crimes Unit. The case is being prosecuted by Assistant United States Attorney Robert Lewis.

Volin will be sentenced at a future date. The exact sentence or outcome has not been determined.

Defendant Information:

JAMES FRANCIS VOLIN, 64

Inver Grove Heights, MN

Convicted:

• Income Tax Evasion, 1 count

Source: https://www.justice.gov/usao-mn/pr/used-car-salesman-pleads-guilty-tax-evasion