Press Release
☷Alaska Dentist and Wife Indicted for Tax Evasion Bankruptcy Fraud Wire Fraud and Money Laundering
U.S. Department of Justice ( By Press Release office)
Apr 29,2022
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In an indictment unsealed yesterday , a federal grand jury in Anchorage , Alaska , charged an Alaska dentist and his wife with tax evasion , conspiring to defraud the United States , bankruptcy fraud , wire fraud , money laundering and other federal crimes . According to the indictment , from approximately 2013 to present , Glenn and Saray Lockwood , of Kenai , evaded payment of millions of dollars of federal income taxes and filed false bankruptcy petitions to impede the IRS’s collection efforts . To conceal their assets from both the IRS and their bankruptcy creditors , the Lockwoods allegedly formed an LLC and transferred assets into the LLC . During the bankruptcy proceedings , the Lockwoods allegedly denied ownership of the LLC and other assets . According to the indictment , the Lockwoods attempted to evade more than $3 . 5 million in taxes . If convicted , both defendants face a maximum of five years in prison for each count of tax evasion , conspiracy to defraud the United States and bankruptcy fraud , and 20 years in prison for each count of wire fraud , conspiracy to commit wire fraud , money laundering and conspiracy to commit money laundering . Acting Deputy Assistant Attorney General Stuart M . Goldberg of the Justice Department’s Tax Division and U . S . Attorney S . Lane Tucker for the District of Alaska made the announcement . IRS - Criminal Investigation is investigating the case . Trial Attorney Ahmed Almudallal of the Tax Division and Assistant U . S . Attorney Michael Heyman for the District of Alaska are prosecuting the case . An indictment is merely an allegation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law .
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