Federal Jury Finds Tarpon Springs Woman Guilty Of Tax Evasion
Tampa, Florida – United States Attorney A. Lee Bentley, III announces that a federal jury has found Nova A. Montgomery guilty of five counts of tax evasion and five counts of failure to file an income tax return. She faces a maximum penalty of five years’ imprisonment for each tax evasion count, and one year in prison for each count of failing to file a tax return. The jury returned the verdict on October 10, 2014, and a sentencing hearing is scheduled for January 12, 2015.
According to testimony and evidence presented at trial, Montgomery was self-employed as a distributor for a multi-level marketing company that sold nutritional and other products. Between 2002 and 2012, she received commissions and other income exceeding $2.7 million. Montgomery set up a complex corporate structure that made it appear that she personally received virtually none of the income from the commissions and sales. Further, on February 12, 2009, in the midst of an Internal Revenue Service audit, Montgomery filed false and fraudulent federal income tax returns claiming that she had no income for 2002 through 2006. In addition, she failed to file personal income tax returns for 2008 through 2012.
This case was investigated by the Internal Revenue Service – Criminal Investigation. It is being prosecuted by Assistant United States Attorney Mark E. Bini.