Related Federal Cases
Bronx Attorney Sentenced for Tax Fraud Scheme
The Grimy Times has learned that William Doonan, a licensed attorney from the Bronx, has been sentenced for his role in a massive tax fraud scheme that cost the IRS over $6 million.
According to court documents, Doonan, 69, operated a tax preparation business in the Bronx under the firm name ‘William Doonan, Esq.’ and prepared and filed over 3,000 federal tax returns each year. However, instead of preparing legitimate tax returns, Doonan would add false deductions and fabricate business losses to claim millions of dollars in refunds.
Between 2009 and 2012, Doonan included over $6 million in fabricated and inflated items on his clients’ federal tax returns, defrauding the IRS and depriving the public of tax revenue. He was charged with one count of aiding and assisting in the preparation of a false tax return and one count of obstructing and impeding the due administration of internal revenue laws.
Doonan pleaded guilty to the charges and agreed to pay $65,820 in restitution to the IRS. He faces a maximum sentence of three years in prison and is scheduled to be sentenced by U.S. District Judge Vernon S. Broderick on February 10, 2017.
Manhattan U.S. Attorney Preet Bharara praised the outstanding efforts of the IRS-CI in the investigation and commended the U.S. Attorney’s Office’s Complex Frauds and Cybercrime Unit for their work in prosecuting the case.
The conviction sends a clear message that the U.S. government will fully prosecute crooked tax preparers, regardless of their profession or standing in the community.
As part of his plea, Doonan admitted that he caused a tax loss of between $1.5 and $3.5 million, and has agreed to pay $65,820 in restitution to the IRS.
Key Facts
- State: New York
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News