A Los Angeles real estate agent is now facing serious charges after a federal grand jury indicted Gabriel Guerrero for tax evasion and obstructing the collection efforts of the IRS. Hidden tactics such as not depositing hefty commission checks into his bank accounts, using cashier's checks to dodge IRS levies, and providing falsified financial disclosures were among the allegations mentioned. The indictment, released yesterday, shed light on Guerrero's failure to file his tax returns promptly, spanning over a decade.
Despite filing over ten years' worth of tax returns in 2014, Guerrero allegedly evaded paying the self-reported amounts he owed. Seeking to throw the IRS off his track, Guerrero is said to have engaged in multiple deceptive practices. This includes the omission of a bank account from disclosure forms that saw deposits of his earnings. Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S. Attorney Martin Estrada for the Central District of California brought this announcement to light, emphasizing the legal responsibilities Guerrero sidestepped.
With the IRS criminal investigation underway, it's clear the government is cracking down on those attempting to bend rules in their favor. Guerrero's actions have led to a purported tax loss of over $350,000—an amount which might prompt a judge to consult U.S. Sentencing Guidelines. The maximum penalties Guerrero could face include five years for tax evasion and three additional years for obstructing the IRS if convicted.
Handling the prosecution of the case are Trial Attorneys Robert Kemins and Christopher Gerace of the Tax Division and Assistant U.S. Attorney Steven Arkow for the Central District of California. Consequently, Guerrero retains this presumption, pending the outcome of his trial for the allegations spelled out by the Department of Justice.
