Texas doctor tries to use a bogus trust to evade taxes

Source:  Amarillo Globe News

Friday, September 22, 2006

Excerpts:

Physician sentenced for tax evasion

An Amarillo physician has been sentenced to 46 months in prison and three years of supervised release for tax evasion.

Evidence at the trial showed Miller entered into a scheme with Charles Matich in 1996 to use limited liability companies and sham trusts to conceal income and move it into offshore accounts. Most of the money was moved by Matich to the Channel Islands, court documents show.

Matich is a cooperating defendant awaiting his own sentencing on tax charges in San Diego.

Now the good doctored tried to make good on his taxes.  Really.  After all, he offered the IRS $7,500 as payment in full for an outstanding debt of $140,000...

To read more:  DOJ Press Release