RENO - - Daniel G. Bogden, United States Attorney for the District of Nevada and Eileen J. O'Connor, United States Assistant Attorney General, Department of Justice Tax Division announce that RONALD C. KRINER, age 60, a self-employed carpenter in Reno, Nevada, was arrested yesterday in Reno on federal charges of passing false U.S. Treasury drafts to the Internal Revenue Service. The Federal Grand Jury in Reno indicted KRINER last Wednesday, September 3, 2003, and charged him with three felony counts of Fictitious Obligations, violations of Title 18, United States Code, Section 514.According to the Indictment, on or about September 8, 1998, and January 15, 1999, KRINER, allegedly submitted fictitious "Sight Drafts", purporting to be issued under the authority of the United Sates Treasury, in the amounts of $750,000 and $14,250,000, respectively, to the Internal Revenue Service for the payment of his estimated federal personal income tax. KRINER is also charged with submitting the same type of "Sight Draft" in or about July 1999, to the Washoe County Sheriff's Office to pay a fine and related costs for driving a motor vehicle with a suspended registration and suspended driver's license.

KRINER was arrested yesterday without incident at his home on Kietzke Lane in Reno. He was released on bond pending trial, which was set for November 12, 2003.

If convicted, KRINER is facing up to 25 years imprisonment and a $250,000 fine on each count. The actual sentence, however, will be dictated by the United States Sentencing Guidelines, which take into account a number of factors, and will be imposed at the discretion of the Court.

The case is being investigated by Special Agents of IRS Criminal Investigation in Nevada and prosecuted by Department of Justice Tax Division Trial Attorneys Thomas J. Krysa and Mark T. Odulio.
The public is reminded that an indictment contains only charges and is not evidence of guilt. The defendant is presumed innocent and is entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.

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