November 5, 2004 - PHILADELPHIA – United States Attorney Patrick L. Meehan today announced the filing of an Indictment* against Arthur Farnsworth charging that he failed to file tax returns and evaded federal income tax by attempting to hide his income through the use of fraudulent trusts.

"This was a deliberate and public attempt by someone to avoid paying what he owed," said Meehan. "It’s simply not fair to honest taxpayers if we don’t hold those who refuse to pay accountable."

Defendant ARTHUR L. FARNSWORTH worked as a developmental engineer and performed subcontractor work for various companies. FARNSWORTH received approximately $221,283.98 in income during 1998, 1999, and 2000. The indictment alleges that
FARNSWORTH, a resident of the Eastern District of Pennsylvania, willfully attempted to evade and defeat income tax due and owing by him to the United States of America for the calendar years 1998, 1999, and 2000 by failing to make an income tax return on or about April 15th as required by law, to any proper officer of the Internal Revenue Service, and by failing to pay to the Internal Revenue Service said income tax, and by concealing and attempting to conceal from all proper officers of the United States of America his true and correct income through various means, including, among other things: (1) transferring ownership of his assets to fraudulent trusts; (2) encumbering his assets; and (3) hiding his money in overseas bank accounts in violation of Title 26, United States Code, Section 7201.


DEFENDANT
ADDRESS


AGE [Date of Birth]
Arthur Farnsworth
Sterners Road, Green Lane, PA.
42 years old

If convicted the defendant faces a maximum possible sentence of 15 years in prison, 3 years supervised release, a fine of $750,000 and a $300 special assessment.
The case was investigated by the Internal Revenue Service and has been assigned to Assistant United States Attorney Amy L. Kurland.


UNITED STATES ATTORNEY’S OFFICE
EASTERN DISTRICT, PENNSYLVANIA
Suite 1250, 615 Chestnut Street
Philadelphia, PA 19106
Contact:
RICH MANIERI
Media Contact
215.861.8525

*An Indictment or Information is an accusation. A defendant is presumed innocent unless and until proven guilty.