Imprisonments
Ivan Scott Butler was penalized in United States of America dated March 09, 2020.
In 1993, Butler stopped filing tax returns and attended tax defier meetings and purchased tax defier materials. Starting in 1998, Butler used several Nevada nominee corporations to receive his income. In or around 1999, Butler moved hundreds of thousands of dollars, some in precious metals, to bank accounts in Switzerland and concealed his assets in offshore insurance policies held in the name of non-U.S. insurance providers, disguising his ownership of the funds.
In 2014, Butler converted some of his insurance annuities into precious metals, which were shipped to Butler and another individual in the United States. Some of those precious metals were given to friends and family for safekeeping. In total, Butler caused a tax loss to the Internal Revenue Service (IRS) of USD 1,093,400.
On March 09, 2020, Ivan Butler pleaded guilty tax evasion. Sentencing had been scheduled for June 24, 2020.
Important Dates:
Scheme Started - 1993
Guilty Plea - March 09, 2020
Sentencing - June 24, 2020
Regukating Agency
U.S. Department of Justice
Internal Revenue Service (IRS)
Reason:
Tax Evasion
Individual Involved:
Ivan Scott Butler
Source
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