PROVIDENCE – In a stunning turn of events, former Rhode Island House Finance Chairman Raymond E. Gallison, Jr., 64, from Bristol, R.I., pleaded guilty today in U.S. District Court in Providence to federal mail fraud, wire fraud, aggravated identity theft and tax charges, according to United States Attorney Peter F. Neronha and Rhode Island Attorney General Peter F. Kilmartin.
Gallison, who faced Chief Judge William E. Smith, confessed to orchestrating schemes to steal private funds and misuse public money. He admitted to the theft of over $677,454 from an estate, fraudulently using a deceased individual’s identity, siphoning funds from a Special Needs Trust, falsifying tax documents, and evading taxes on illegal income.
The charges included four counts of mail fraud; one count each of wire fraud, aggravated identity theft, aiding the filing of a false tax document, and two counts of filing a false tax return. Gallison’s actions as executor of an estate, trustee for a disabled person’s trust, and assistant director at a non-profit organization were pivotal in his downfall.
His deception extended to inflating expenses for Alternative Education Programming (AEP) while embezzling funds. In addition, he failed to claim nearly $622,000 in income on joint IRS tax returns, resulting in a tax evasion of over $226,000 between 2012 and 2013.
Scheduled for sentencing on June 16, 2017, Gallison faces at least two years in federal prison due to his statutory penalties. Law enforcement recovered over $515,000 from the stolen estate, but restitution to the IRS remains outstanding.
Related Federal Cases
- Belkis Guzman Sentenced for Tax Fraud, ID Theft Scheme · Rhode Island
- Cambridge Man Jailed for $40K Diary Fraud · Massachusetts
- Election Fraud Task Force Stands Ready in Rhode Island · Rhode Island
- Supermarket Owner Juan Vasquez Sentenced in $2.6M Tax Fraud Scheme · Puerto Rico
- Dominican National Wilson Sentenced for Passport Fraud · Rhode Island
Key Facts
- State: Rhode Island
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption
- Source: Official Source ↗
🔒 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News