Jury Convicts Man of Bankruptcy Fraud and Tax Evasion | USAO-WDLA

LAKE CHARLES, La. – United States Attorney Brandon B. Brown announced that a federal jury in Lake Charles returned a guilty verdict against him late yesterday Joseph Randall Boswell, Sr.53, from Elizabeth, Louisiana, after a one-week trial period. Boswell was convicted on one charge of bankruptcy fraud and one charge of tax evasion. United States District Judge James D. Cain, Jr. presided over the trial.

According to evidence presented at the trial, Boswell knowingly and fraudulently withheld property from the United States Bankruptcy Trustee and his creditors through his Chapter 7 case filed in September 2011 after his creditors were paid. Boswell attempted to defraud the government by withholding from the bankruptcy court information about the amount of his income and property in which he had an interest. Boswell was self-employed and provided the court with information about businesses he controlled over other family members. Evidence presented at trial showed that these companies were formed in the names of other family members in order to disguise the fact that Boswell controlled and manipulated the operations of these companies and derived revenue from contracts he negotiated.

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Boswell was also convicted of attempting to evade and evade payment of income taxes due and owed for tax years 2001 through 2009. The jury found that Boswell had withheld assets from the Internal Revenue Service by filing them on behalf of other family members to avoid paying over $597,000 in income taxes he owed.

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“This was a complicated case that required countless hours of work by attorneys from this firm, agents from the Internal Revenue Service – Criminal Investigation and personnel from the US Trustee’s Office,” said US Attorney Brandon B. Brown. “Those who cheat the government through bankruptcy procedures and try to avoid paying the income tax they owe are a burden on citizens who abide by those laws. We will not shy away from prosecuting cases of this type of fraud and are committed to ensuring that these laws are not violated.”

“Yesterday’s guilty verdict is a direct result of the excellent partnership between the IRS-CI and the US Attorney’s Office in combating violations of federal law,” said Demetrius D. Hardeman, Acting Assistant Special Counsel, IRS Criminal Investigation, Atlanta Field Office. This guilty verdict should serve as a deterrent to those contemplating similar fraudulent acts and willfully breaching their known legal duty to pay their fair share of taxes.”

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In each case, Boswell faces up to five years in prison and three years of supervised release and a fine of up to $250,000. Sentencing is scheduled for January 23, 2023 at 1:30 p.m

The case has been investigated by the Internal Revenue Service-Criminal Investigation and the United States Trustee’s Office and is being prosecuted by Assistant US Attorneys Cytheria D. Jernigan and Earl M. Campbell.

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