Accounting News

Thursday, February 26, 2009
Tampa Accountant Sentenced for Fraud

Jose Roman, a Tampa accountant has been sentenced to one year in prison and ordered to pay $227,000 in restitution to a bank for making false statements. The statements were made to a band in an effort to secure loans for himself and his clients.

Prosecutors say paperwork given to the bank included business and personal financial statements. The documents overstated assets, understated liabilities. He also provided bogus tax returns with overstated income entries.

Labels: ,