California Man Pleads Guilty In $1.8 Million Tax Evasion Scheme

LOS ANGELES—A Southern California man pleaded guilty Jan. 16 to failing to report income totaling more than $1.8 million, the Internal Revenue Service Criminal Investigation unit announced Jan. 17 (United States v. Duncan

The defendant, James B. Duncan of Riverside County, pleaded guilty to one count of tax evasion for the 2006 tax year, after admitting in a plea agreement that he used companies and bank accounts in the name of others to conduct mortgage and investment fraud schemes between 2005 and 2007, which allowed him to earn substantial income that was not reported to the government, IRS-Criminal Investigation ...