A Bountiful man has been ordered to serve 42 months in prison and pay a $67,500 fine for a federal income tax evasion scheme.
Federal prosecutors in Sacramento, Calif., charged Lonnie D. Crockett, 52, with marketing a scheme in which three California medical professionals routed their income through domestic and foreign bank accounts. Crockett charged a fee to run the scheme, which used false invoices, code names and other means to conceal the transfer of funds, according to prosecutors.
The three medical professionals were sentenced to between 18 and 24 months in prison, according to a news release from the U.S. attorney for the Eastern District of California.
Crockett has pleaded guilty to felony securities fraud charges in Utah state court and will be sentenced April 1. Also, he will be sentenced April 25 in Utah's federal court for a probation violation. He is on probation from a 1996 conviction for assisting in the filing of false tax returns, according to the U.S. Attorney for the Eastern District of California.