Former GlobeTel CFO charged with tax evasion

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

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.

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