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    Leesburg man indicted for filing false tax returns

    A federal grand jury today indicted a Leesburg man on charges of filing false tax returns with the Internal Revenue Service in 2005 and 2006.

    Mizanur Rahman, according to the U.S. Attorney’s Office, worked as a consultant for an “International Corporation” that contracted for and managed projects in Bangladesh.

    Through E-ssn High Tech and Environment Ltd. Rahman contracted with International Corporation to provide consulting to the International Corporation to assist in obtaining telecommunications contracts in Bangladesh.

    Between November 2004 and September 2006, the International Corporation paid Rahman approximately $1.7 million.

    He then allegedly deposited his consulting fee into a bank account in Hong Kong under the name Jupiter International, a company Rahman owned.

    The indictment, according to the U.S. Attorney’s Office, further alleges that for tax years 2005 and 2006, Rahman filed false individual income tax returns with the IRS that substantially under reported his total income.

    If convicted, Rahman faces a maximum sentence of six years in prison.

    Comments

    This article should also highlight the fact that if convicted,  Mr. Rahman will be facing the following monetary expenditures:

    Repayment (restitution) of the taxes owed to the IRS and the Commonwealth of VA;
    Penalities for failure to pay these taxes to both jurisdictions; and
    Accured interest to both taxing authorities.

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