Bankruptcy Attorney Goldberg Takes Plea on Federal Tax Charges - 8 News NOW

Bankruptcy Attorney Goldberg Takes Plea on Federal Tax Charges

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LAS VEGAS -- Las Vegas bankruptcy attorney Randolph H. Goldberg pleaded guilty Thursday to willful tax evasion as part of a plea agreement with federal prosecutors.

U.S. Attorney for Nevada Daniel Bogden announced the deal in a news release. Goldberg, who advertised his bankruptcy expertise extensively on local television, admitted filing tax returns that significantly understated his taxable income and attempting to hide the income through the use of nominee bank accounts.

Goldberg pleaded guilty before U.S. District Judge Gloria Navarro to one count of attempt to evade or defeat tax for the tax year 2008, and is scheduled to be sentenced on May 23.

"Those who are well versed in the law should profoundly know they are not above the law," said Paul Camacho, Special Agent in Charge of IRS Criminal Investigation for Nevada.

According to the plea agreement, during 2008, Goldberg was a licensed attorney in Nevada and practiced bankruptcy law. In 2009, Goldberg filed false and fraudulent federal tax returns for himself and the law firm. During 2008 and 2009, Goldberg also attempted to conceal the income of his law firm by depositing it into his personal bank account and into that of a nominee corporation, separate from his law practice.

Goldberg was originally charged in September 2012 with four counts of tax evasion, in addition to five counts of structuring financial transactions. The government will move to dismiss the other charges at sentencing. Under federal sentencing rules, the tax loss in the counts originally charged will be considered at sentencing.

Goldberg faces up to five years in prison and a fine of up to $250,000. As part of his plea agreement, Goldberg will voluntarily suspend his license to practice law in Nevada for at least two years and pay full restitution to the IRS for all tax losses resulting from his evasion.

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