|
|
07 Jan 2009
Thomas Jimenez, former CFO of GlobeTel Communications Inc, could be sentenced to as much as three years in prison if convicted of tax evasion charges.
Jimenez is alleged to have evaded taxes in connection with a purported scheme to hide millions of receivables and liabilities, according to cfo.com
The conviction could also bring a fine up to $US250,000 (£167,500) among other penalties imposed.
Prosecutors in the case have alleged Jimenez was responsible for preparing and filing tax forms when the corporate officers of GlobeTel Communications received stock as compensation. However, the stock was charged, and Jimenez subsequently failed to report it to the Internal Revenue Service.
Further Reading:
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment