Flesch & Beck Law - Injury Attorneys - Criminal Defense
Free Consultations. Call Today.
We Are Your Lawyers
Trial Tested. Trial Ready.
Get Help Today
View Our Practice Areas

Former accountant facing criminal law charges involving millions

Facing dozens of criminal charges for alleged fraudulent activity, a former accountant was recently released from custody. Federal authorities in Colorado claim that he misused clients' money by using funds earmarked for certain taxes for his own personal use. His criminal law charges include various counts of wire and mail fraud as well as 18 counts for filing false tax returns.

According to a federal indictment that was unsealed in early Sept. 2016, authorities claim that the owner of an accounting firm began to withdraw money from the firm in Jan. 2011. This continued until 2015, and at that point it is believed that he used $3.5 million of his clients' money. His clients were apparently under the impression that their money was being used to pay withholding taxes. Instead, the indictment alleges that he used it to pay his credit card bills and mortgage.

Clients who were allegedly affected by the mishandling of funds somehow managed to force the accountant and his business into filing for bankruptcy. He was also directly sued by some of his former clients, while others complained to Colorado's accounting board. His CPA -- or Certified Public Accountant -- license was subsequently revoked in Feb. 2016.

In total, he is accused of two counts for mail fraud, 12 counts for wire fraud and another 18 counts for allegedly filing false tax returns, all of which could impose a $250,000 fine if convicted. These types of criminal law matters are not to be handled lightly, as possible prison sentences associated with these charges are especially lengthy. Minimizing the impact of criminal charges is usually the goal of most defendants, which can typically be accomplished through careful and timely planning alongside respective counsels.

Source: businessden.com, "Bankrupt accountant faces criminal charges for fraud", Amy Dipierro, Sept. 9, 2016

No Comments

Leave a comment
Comment Information
  • LC - Lead Counsel Rated
  • BBB Accredited Business - BBB Rating A+
  • Avvo Clients' Choice 2012 - Personal Injury
  • Top American Lawyers
  • TeamDaveLogan.com
  • Haystack Official Registered Company | HaystackHelp.com
  • Sportsman of Colorado Radio Show
  • The National Trial Lawyers Top 100

Get Started With A Free Case Consultation

We are committed to the justice you deserve. Call us at 720-689-0322 to speak with an attorney or fill out the form below.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

This site uses Google's Invisible reCAPTCHA, which is subject to Google's Privacy Policy and Terms of Use.

Englewood Office
333 W. Hampden Avenue Suite 710
Englewood, CO 80110

Phone: 720-689-0322
Fax: 303-806-8882
Englewood Law Office Map

Denver Office
999 18th Street Suite 3000
Denver, CO 80202

Phone: 720-689-0322
Fax: 303-806-8882
Denver Law Office Map

Flesch & Beck Law - Injury Attorneys - Criminal Defense

How Can We Help?