Fiduciaries—both individual and corporate—run the risk of being charged with numerous crimes. Some crimes are intentionally committed, while some arise unintentionally but nevertheless create criminal liability. While not exhaustive, this article provides insight into some of the criminal charges fiduciaries may face.
Tax Fraud
Any person, including a corporation, who willfully attempts to evade the payment of taxes owed to the United States, may violate Internal Revenue Code (IRC) §7201, which states in part:
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