Hampden man pleads guilty to tax evasion in federal court in Portland
Brandon Wilson, 55, admitted hiding money from IRS collectors by running his debt collection business through bank accounts opened in other people's names, prosecutors said.
A Hampden man pleaded guilty to a tax evasion charge in U.S. District Court in Portland, federal prosecutors said in an announcement Tuesday.
Brandon Wilson, 55, entered the plea Aug. 31 to one count of tax evasion, according to the U.S. attorney's office for the District of Maine.
Prosecutors said Wilson owed substantial back taxes based on his tax returns for 2010 through 2017. After the IRS seized money from his bank accounts as it tried to collect, prosecutors said, Wilson kept running his debt collection business without holding any bank accounts in his own name.
Instead, according to court records cited by prosecutors, accounts were opened under the names of people running businesses in Massachusetts and Virginia. Those businesses appeared to be doing debt collection work for Wilson, prosecutors said, but were also holding his money and handling personal and business transactions for him.
Wilson directed specific payments out of the accounts and received a series of smaller payments through Cash App, PayPal and other means, prosecutors said. The arrangement let him keep control of his money while making it harder for the IRS to collect what he owed, according to the U.S. attorney's office.
He faces up to a year and a day in prison. A judge will set the sentence after the U.S. Probation Office completes a presentence report.
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