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EDH man indicted for attempted tax evasion

A federal grand jury indicted an El Dorado Hills man on three counts of attempted tax evasion.

The sealed Feb. 27 indictment of Kamyar Soltani, 45, was unsealed March 4, revealing three charges of attempted tax evasion, a press release from U.S. Attorney Benjamin B. Wagner stated. Soltani was arrested on March 3. He was arraigned, pleaded not guilty and was released on $100,000 bail.

Court documents allegedly showed Soltani attempted to evade taxes between 2005 and 2007.

“In each of those years, Soltani received income subject to taxation of well over $200,000, and failed to file timely income tax returns for the tax years of 2005 and 2006,” the press release stated. Soltani filed the returns for all three years in March 2008 — but the returns were allegedly false. The tax due for the three years, according to his returns, was only $150,000 — less than a single year’s worth of what he should have paid, according to Wagner.

Soltani attempted to evade taxes by “receiving compensation in cash; having his compensation paid directly to, or in the names of, nominees, family members and a creditor; concealing his income in his parents’ bank account; and filing three false tax returns in March 2008,” the press release stated.

“All Americans have a duty to pay their fair share,” IRS-Criminal Investigation Special Agent in Charge José M. Martinez said. “The prosecution of individuals who intentionally conceal income and evade taxes is a vital element in maintaining public confidence in our tax system. We should not expect the honest taxpayer to foot the bill for those who hide income from the IRS.”

Soltani faces five years in prison and a $100,000 fine for each count if he is convicted.

The case was investigated by the IRS-Criminal Investigation and is being prosecuted by Assistant U.S. Attorney Nirav Desai.

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Posted by on Mar 10 2014.
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