LAS VEGAS (KSNV & MyNews3)-- Las Vegas bankruptcy attorney Randolph H. Goldberg was indicted today on charges that he evaded federal income taxes over a four-year period and made structured cash deposits to his bank accounts in order to avoid paying taxes on the money.
Goldberg is charged with four counts of tax evasion, five counts of structuring financial transactions and criminal forfeiture. A warrant was issued for his arrest.
The indictment states that during the period charged, Goldberg was a resident of Clark County and a Nevada licensed attorney.
Goldberg also had a Masters degree in tax law and was admitted to practice law before the United States Tax Court, and held himself out in marketing materials to be a financial expert. Goldberg was the sole owner of “Randolph H. Goldberg, Esq., A Professional Corporation” registered with the State of Nevada, and under which he reported the income and expenses of his law practice to the IRS.
The indictment alleges that from 2005 to 2008, Goldberg filed false and fraudulent individual income tax returns. Goldberg allegedly used two separate Bank of America accounts to deposit the legal fees he received from his clients and to deduct expenses, but he only reported the income he deposited into one of the accounts. Between Jan. 7 and Dec. 23, 2008, for the purpose of evading the reporting of his income, Goldberg allegedly structured 147 cash deposits into five Bank of America accounts totaling more than $1.1 million.
If convicted, Goldberg faces up to five years in prison on each tax evasion count and up to 10 years in prison on the structuring counts, as well as fines of up to $2.25 million.
The case is being investigated by IRS Criminal Investigation and is being prosecuted by Assistant U.S. Attorneys Christina M. Brown and Steven W. Myhre.