Man Convicted Of Tax Fraud For Disguising Luxuries – $96,000 Massage?

Man Convicted Of Tax Fraud For Disguising Luxuries — $96,000 Massage?

by Robert W. Wood, Forbes.com

Albert S.N. Hee, 61, of Kailua, Hawaii, was convicted on all counts following an 11 day tax fraud trial. The jury found that he filed false income tax returns for 2007 through 2012, and that he obstructed the IRS from 2002 through 2012. He directed his telecommunications company, Waimana Enterprises Inc., to pay millions of his personal expenses. He falsely deducted the payments from his corporate tax returns as if they were legitimate business expenses. And he failed to report the payments as income on his individual returns.

The jury found that Mr. Hee had his company fund $4M in personal expenses, including such items as:

paying more than $96,000 for personal massages;
paying his wife and children full-time salaries with benefits packages even though they performed little to no work for the company; and paying more than $736,900 in college tuition and housing for his three children.

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