Related Federal Cases
Grimy Times Exclusive: Local Business Owner Convicted of Tax Evasion
A federal jury in Oakland, California, found Richard T. Grant, 64, of Point Richmond, California, guilty of three counts of tax evasion after an eight-day trial. The verdict was announced by Acting Assistant Attorney General Caroline D. Ciraolo of the Tax Division and U.S. Attorney Brian Stretch of the Northern District of California.
Grant, a 50 percent owner of Grant Engineering and Manufacturing, a business that produces plastic injection molds, was found to have earned substantial income from the business between 2005 and 2009. However, he failed to file tax returns for himself and the business during this period, despite hiring a certified public accountant to prepare the returns.
The evidence presented at trial showed that Grant deliberately concealed his income and evaded paying his fair share of taxes. When faced with IRS efforts to collect tax due, Grant took steps to conceal his income and avoid paying his taxes.
“Mr. Grant cheated on his taxes and then tried to hide that fact from the IRS,” said U.S. Attorney Stretch. “As a consequence, he now faces the real possibility of spending years in prison. This office and our colleagues will pursue tax cheats wherever and whenever they intentionally short the public fisc.”
The jury found Grant guilty of three counts of tax evasion, which carries a maximum sentence of five years in prison for each count. A sentencing hearing is scheduled for September 28.
In addition to prison time, Grant faces a term of supervised release and monetary penalties. The case was investigated by special agents of IRS-Criminal Investigation and prosecuted by Trial Attorney Matt Kluge of the Tax Division and Assistant U.S. Attorney Colin Sampson of the Northern District of California.
Richard T. Grant, 64, of Point Richmond, California, was the defendant in this case.
**Mandatory Facts**
Defendant: Richard T. Grant
Criminal Charges: Three counts of tax evasion
City and State: Oakland, California
Crime Date: Between 2005 and 2009
Sentence/Outcome: Guilty verdict, sentencing hearing scheduled for September 28
Dollar Amounts: None specified
Key Facts
- State: California
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
