In an indictment unsealed yesterday, a federal grand jury in Anchorage, Alaska, indicted an Alaskan dentist and his wife for tax evasion, conspiracy to defraud the United States, bankruptcy fraud, wire fraud, money laundering, and other charges. federal crimes.
According to the indictment, from approximately 2013 to the present, Glenn and Saray Lockwood of Kenai evaded the payment of millions of dollars in federal income taxes and filed bogus bankruptcy petitions to impede IRS collection efforts. To hide their assets from both the IRS and their bankruptcy creditors, the Lockwoods allegedly formed an LLC and transferred assets to the LLC. During the bankruptcy process, the Lockwoods allegedly denied ownership of the LLC and other assets. According to the indictment, the Lockwoods attempted to evade more than $3.5 million in taxes.
If convicted, both defendants face a maximum of five years in prison for each count of tax evasion, conspiracy to defraud the United States, and bankruptcy fraud, and 20 years in prison for each count of wire fraud, conspiracy to commit wire fraud, money laundering. and conspiracy to commit money laundering.
Acting Deputy Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and US Attorney S. Lane Tucker for the District of Alaska made the announcement.
The IRS-Criminal Investigation is investigating the case.
Prosecuting in the case are Trial Attorney Ahmed Almudallal of the Tax Division and Assistant United States Attorney Michael Heyman of the District of Alaska.
An indictment is simply an accusation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.