DENVER – LAWFUEL – Law Newswire – Troy A. Eid, United States Attorney for the District of Colorado, and Terry L. Stuart, Special Agent In Charge of the IRS-Criminal Investigation, Denver Field Office, announced that a federal grand jury in Denver has indicted GORDON DALE SANCHEZ, age 52, of Arvada, Colorado, on one count of tax evasion and one count of failing to file a federal income tax return. SANCHEZ, a Denver attorney, is scheduled to surrender to the IRS-CID on April 17, 2007, at which time he will be processed and will make his initial appearance.
According to the indictment, SANCHEZ was charged with willfully attempting to evade and defeat the assessment of a substantial amount of income tax and self-employment tax he and his spouse owed for calendar year 2000, in an amount of at least $32,536. The charges stem from failing to make, and causing his spouse to fail to make, an income tax return on or before April 16, 2001, as required by law, for the period November 28, 2000 through June 2, 2001.
The indictment also includes an allegation that the defendant concealed from the IRS a capital gain of approximately $135,393 related to the sale of a home the defendant and his wife owned in Denver. The capital gain arising from the sale of the property was allegedly converted to cash and cashiers’ and official bank checks.
If convicted, SANCHEZ faces up to 5 years in federal prison and not more than a $250,000 fine for tax evasion; and a maximum sentence of 1 year imprisonment and a fine of $100,000 for failure to file a tax return.
“As the tax filing deadline looms, this case serves as a reminder that there are real consequences for intentionally failing to file your tax return, and attempting to conceal income from the IRS,” said US Attorney Troy Eid.
“People who evade their tax obligations, or encourage or enable others to do so, are cheating all law-abiding taxpayers,” said Terry L. Stuart, Special Agent in Charge of the Denver Field Office.
These charges are only allegations and the defendant is presumed innocent unless and until proven guilty.
This case was investigated by the Internal Revenue Service Criminal Investigation Division (IRS CID).
The case is being prosecuted by Assistant United States Attorney Kenneth Harmon.
