Dealer pays in money to assist official keep away from IRS – will get jail time

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A former insurance coverage dealer has been sentenced to 6 months in jail for serving to ex-Mississippi Corrections Commissioner Christopher Epps evade taxes.

Along with the jail time period, US District Choose Henry Wingate additionally sentenced Man Evans to a few years of probation and 400 hours of neighborhood service and fined him $5,000, the Related Press reported. The sentencing got here after Evans agreed to a plea deal after he was initially indicted on fees of conspiracy and bribery, which carried a doable jail sentence of as much as 30 years.

Additional to the federal sentence, a settlement signed with Legal professional Common Jim Hood’s workplace exhibits Evans paid $100,000 to the state in June to cowl any civil claims associated to his conduct.

Epps acknowledged accepting greater than $1.four million in bribes from personal contractors and pleaded responsible in 2015, in accordance with the Related Press. He’s serving a close to 20-year sentence. Along with Evans, eight different individuals have been convicted in affiliation along with his crimes.

The previous insurance coverage dealer used to promote supplemental insurance policies to jail system staff, primarily based on a contract awarded to him by the Division of Corrections in 2012. Evans reportedly made $323,000 in commissions from enterprise with corrections staff between 2013 and 2015, and claimed he feared Epps would revoke his authority to promote insurance coverage after he allegedly advised him in January 2013 that “My pals are taking good care of me. I need you to know that. And I count on you to care for me.”

In April, Evans pleaded responsible to aiding and abetting tax evasion associated to $19,200 he paid to Epps. Each side have now agreed that Evans paid the ex-commissioner round $36,000, with later funds included, in accordance with the Related Press.

 

Associated tales:
GEICO staff arrested over alleged insurance coverage rip-off
Insurance coverage agent indicted over murder-for-hire insurance coverage fraud

 



Supply hyperlink – https://www.insurancebusinessmag.com/us/information/breaking-news/broker-pays-in-cash-to-help-official-avoid-irs–gets-prison-time-105691.aspx

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