Former Energy CEO Indicted on $18.5M Tax Fraud Scheme

Sept. 25, 2015, 4:00 AM UTC

The former CEO of an energy service company was arraigned in Albany City Court on six felony counts connected with an alleged tax fraud scheme involving the underreporting of $18.5 million in New York state income (People v. Mole, N.Y. City Ct., 2015-235-776, arraignment 9/24/15).

Gary Mole, the former chief executive officer of Glacial Energy Holdings, pleaded not guilty Sept. 24 to three counts of criminal tax fraud and three counts of offering a false instrument for filing, according to state Attorney General Eric T. Schneiderman (D).

Mole allegedly evaded $740,000 in New York income taxes from ...

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