Former San Rafael Resident Charged With Tax Fraud
OAKLAND, Calif. – A former resident of San Rafael, Calif., was charged by a federal grand jury in San Francisco yesterday with filing false tax returns, United States Attorney Melinda Haag and IRS-CI Special Agent in Charge Marcus Williams, announced.
According to the indictment, for the 2005, 2006, 2007, and 2008 tax years, John Kieran Hynes willfully subscribed to U.S. Individual Income Tax Returns that he did not believe to be true and correct. The defendant allegedly reported gross receipts from Newtown Construction in the amounts of $2,629,100, $2,286,533, $2,675,039, and $2,606,146. Hynes allegedly knew the gross receipts from his construction business were substantially in excess of the amounts reported on those returns.
The maximum statutory penalty for each count of making and subscribing to a false income tax return, in violation of Title 26, U.S.C § 7206(1) is three years in prison and a fine of $250,000. However, any sentence following conviction would be imposed by the court after consideration of the U.S. sentencing guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. §3553.
Tom Moore is the Assistant U.S. Attorney who is prosecuting this case with the assistance of Kathy Tat. The prosecution is the result of an investigation by the Internal Revenue Service, Criminal Investigation.
Please note, an indictment contains only allegations against an individual and, as with all defendants, Hynes must be presumed innocent unless and until proven guilty.