BOSTON – A New Bedford man pleaded guilty yesterday in federal court in Boston to evading more than $431,000 in federal income taxes over the course of seven years.
Victor M. Cruz, 43, pleaded guilty to three counts of tax evasion. U.S. Senior District Court Judge Rya W. Zobel scheduled sentencing for May 9, 2023. Cruz was indicted by a federal grand jury in August 2021.
From 2015 through 2017, while earning between $183,000 and $212,000 in annual wages as a crewmember for various fishing vessels, Cruz failed to file federal tax returns on his income for any of the years. In addition, Cruz failed to file federal income tax returns for tax years 2010 through 2014 while receiving an annual income of at least $150,000. Despite receiving at least two notices from the Internal Revenue Service directing him to file returns and pay delinquent taxes, Cruz failed to file any federal tax returns and took other measures to prevent authorities from tracing his income or determining his tax liabilities. In total, Cruz evaded paying more than $431,000 in federal taxes, not including delinquency penalties and interest.
The charges of tax evasion each provide for a sentence of up to five years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.
United States Attorney Rachael S. Rollins and Joleen D. Simpson, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigation in Boston made the announcement today. Assistant U.S. Attorney Victor A. Wild of Rollins’ Securities, Financial & Cyber Fraud Unit is prosecuting the case.