Tax Evasion Scheme Unravels: Former Sevierville Resident Convicted
Grimy Times has learned that Jimmie Duane Ross, a former Sevierville, Tenn. resident now living in Lehi, Utah, has been convicted of five counts of tax evasion. The conviction follows a jury trial in the U.S. District Court for the Eastern District of Tennessee.
According to evidence presented at the trial, Ross failed to pay his full income tax due for the year 1999, instead opting to file a false mortgage on his residence and a false lien on his vehicle. Additionally, Ross directed funds to an offshore account and dealt extensively in cash.
Furthermore, Ross earned commission income from referring clients to a purported Nevis-based investment company between 2004 and 2007. He evaded taxes by using nominees and other means during this period.
The case was investigated by Special Agents of IRS-Criminal Investigation. Trial Attorneys Kevin Lombardi and Kimberly Shartar of the Justice Department’s Tax Division prosecuted the case.
Jimmie Duane Ross faces a maximum sentence of five years in prison and a maximum fine of $250,000 on each of the five counts of conviction. The sentencing for Ross is scheduled for January 14, 2014.
The Justice Department’s Tax Division will continue to aggressively pursue cases of tax evasion and other financial crimes. For more information about the Tax Division and its enforcement efforts, visit www.justice.gov/tax.
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- Cortney S. Valentine, Bankruptcy System Defraud, Utah 2024 · Hawaii
- Patrick Brody, Fraudulent Real Estate Investment Ponzi Scheme, Utah 2025 · Washington
- Live Nation/Ticketmaster Rejected DOJ Settlement, New York NY, 2023 · Illinois
- Ticketmaster, Antitrust Violation, New York NY, 2023 · South Carolina
Key Facts
- State: Utah
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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