July 21, 2009
NEARLY $800,000 IN UNPAID TAXES LEADS TO FEDERAL INDICTMENT
(HOUSTON) - A sealed indictment charging Gary C. Quintinsky with failing to account for and pay over federal income taxes and other withholdings from employee wages totaling more than $798,000 has been unsealed today following his arrest, United States Attorney Tim Johnson and Internal Revenue Service Criminal Investigation (IRS-CI) Special Agent in Charge Rodney E. Clarke announced today.
IRS-CI agents arrested Quintinsky this morning at his home without incident and made his initial appearance this afternoon before U.S. Magistrate Judge Calvin Botley. A detention hearing has been set for July 27, 2009.
On July 16, 2009, a federal grand jury returned a six-count indictment charging Quintinsky with six counts of willfully failing to truthfully account for and to pay over, and aiding and abetting the willful failure to truthfully account for and to pay over, the federal income taxes and other withholdings from the wages of employees in two corporations, United Crane Inc. and United Payroll Services Inc., for the last three quarters of 2003. The indictment lists the total amounts allegedly withheld but not paid over during those quarters as more than $798,000.
The maximum penalty for each of the six counts alleged is imprisonment up to five years, a fine of $250,000 or both.
The charges are the result of an investigation conducted by special agents of the IRS-CI. The case will be prosecuted by Assistant United States Attorney Charles J. Escher.
An indictment is a formal accusation of criminal conduct, not evidence.
Defendants are presumed innocent unless and until convicted through due process of law.