Guy A. Lewis, United States Attorney for the Southern District of Florida, and José I. Marrero, Special Agent in Charge, Miami Field Office, Internal Revenue Service, Criminal Investigation Division, announced that Irwin Millstein was sentenced today in connection with his guilty plea to an Information that charged him with five felony counts of tax fraud. United States District Court Judge Wilkie D. Ferguson, Jr., sentenced Millstein to a term of 27 months imprisonment to be followed by one year supervised release. Millstein was further ordered to file complete and accurate tax returns, pay all taxes, penalties and interest due and owing to the Internal Revenue Service along with the costs of prosecution and pay a special assessment fee of $500.

Millstein, an accountant and tax return preparer, pled guilty on September 6, 2001, to the Information that charged him with filing a false tax return for himself for calendar year 1994 and preparing several false individual and corporate income tax returns for clients of his former accounting business, ABM Financial Services, Inc., formerly known as ABM Tax & Accounting, Inc., which was located in Coral Springs, Florida. The Information charged that Millstein fraudulently attempted to avoid over $3,000,000 of income on behalf of himself and his clients, with a tax loss to the United States Treasury of $1,276,395.