Great Neck brothers to pay $15.4M for tax fraud: prosecutors

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2013

Two brothers from Great Neck will be paying $15.4 million in civil penalties for filing false tax returns and hiding money in foreign bank accounts, prosecutors announced Wednesday afternoon.

Prosecutors said that Parviz Hakimian, 70, and Khosrow Hakiman, 64, maintained undeclared bank accounts in a private Israeli bank and failed to report the accounts and income from interest in tax filings between 2009 and 2011.

In their guilty plea, each agreed to each pay $7.73 million in civil penalties. They could also face up to three years in prison.

“The Hakimian brothers took extreme measures to evade paying millions in taxes, while other taxpayers paid their fair share,” said James Robnett, a special agent-in-charge for the Internal Revenue Service. “This should not and will not be tolerated.”

Assistant United States Attorney Margaret Lee is in charge of the prosecution.

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