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Friday, may 24
Tag:
David Adams
News
Man Who Failed To Pay $4.8M In Income Taxes Sentenced
A Connecticut man who ducked the IRS for decades to avoid paying millions of dollars in taxes has been sentenced to time in federal prison for tax evasion. David Adams, 58, has been sentenced to 90 months in prison, followed by three years of supervised release for failing to pay $4.8 million in federal income taxes, U.S. Attorney John Durham announced this week. His elaborate scheming may have begun as early as 1982. “For years, Mr. Adams obstructed IRS efforts to collect back taxes through a series of criminal acts,” IRS Criminal Investigation Special Agent in Charge Kristina O’Conne…