Businessmen Sentenced to 88 Months in Prison for Scheme to Evade Taxes on Sales of Ozone-Depleting Chemical
U.S. Newswire, March, 2006
WASHINGTON, March 22 /U.S. Newswire/ -- New York businessmen Dov Shellef and William Rubenstein were sentenced today to 70 months and 18 months, respectively, for conspiring to evade approximately $1.9 million in excise taxes due on sales of an ozone-depleting chemical called trichlorotrifluoroethane (CFC- 113), the Justice Department and the Internal Revenue Service (IRS) announced today. In addition, each defendant was sentenced to pay approximately $1.9 million in restitution.
Both defendants were convicted on July 28, 2005 following a five- week trial in Central Islip, New York. Shellef, of Great Neck, New York, was also convicted of 87 counts of wire fraud, tax evasion, subscribing to false tax returns and money laundering. Rubenstein, of Colts Neck, New Jersey, was...
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