A former Las Vegas, Nevada realtor has been charged with tax evasion, corruptly endeavoring to obstruct the internal revenue laws, failure to file tax returns, and making a false statement to a bank. William Waller was charged in an indictment returned this week. The defendant is accused of evading more than $500,000 in taxes owed from 2004 through 2009. Waller is also accused of obstructing the IRS by directing third parties to pay nominee entities for services he provided.
Waller allegedly failed to timely file federal tax returns for the 2011 and 2012 tax years, despite being required to do so. The indictment accuses Waller of making a false statement to a bank to obtain a loan modification by falsely claiming that he had not worked in several years and had no income. In reality, he had been employed and was receiving income.
At this point in time, the defendant is innocent until proven guilty beyond a reasonable doubt. If convicted, Waller will face a statutory maximum sentence of 30 years for making a false statement to a bank, three years for obstruction of internal revenue laws, one year for each count of failure to file a tax return, and five years for tax evasion.
Additional details have been made available here.