For those of you who may remember, just about one year ago I wrote about William Murray. Mr. Murray was the proprietor of a tax blog called April15.com. He was a CPA in Sacramento who had a large practice.
He also had the practice of embezzling money from his clients. He had clients pay taxes through him rather than directly to the IRS (and other tax agencies). Those funds ended up going towards a lavish lifestyle.
Mr. Murray pleaded guilty in March to mail fraud (two counts) and tax evasion. He was sentenced in May to 19 1/2 years at ClubFed; he must also make restitution of $10,375,118.31. That amount likely will never be paid back; the US Attorney could find only $130,000 of assets. Given that Mr. Murray was 56 when sentenced, this may also be effectively a life sentence.
“Mr. Murray intentionally jeopardized the financial well-being of his clients. He told them he would pay their taxes and invest their savings. Instead he spent millions on lavish gifts and a luxurious lifestyle,” said Scott O’Briant, Special Agent In Charge of the IRS Criminal Investigation on Mr. Murray.
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