Las Vegas Man Convicted of Conspiring to Evade Taxes Through Fraudulent Stock Sale

WASHINGTON - A Las Vegas federal jury convicted Michael Haynes of one count of conspiracy to commit tax evasion through a scheme involving the fraudulent sale of One Voice Technologies Inc. stock, the Internal Revenue Service (IRS) and the Justice Department announced today. The jury, following a one-week trial before Chief U.S. District Judge Roger L. Hunt, deliberated for about two hours before finding Haynes guilty of conspiring to commit tax evasion totaling $684,242. Co-defendant David Jett pleaded guilty to the conspiracy charge in March 2008 and testified against Haynes during the trial.

According to the indictment and evidence presented at trial, Haynes and Jett orchestrated the fraudulent sale of $7 million in One Voice stock. Haynes and Jett used at least ten stock certificates to generate the $7 million in gross proceeds; all of these stock certificates were in different nominee names. As part of the scheme, new stock certificates in the name of One Voice were issued to at least five nominees, two of whom testified at trial. With the assistance of the transfer agent for One Voice, Haynes had the nominees sign documents that stated they had lost their original stock certificates and assigned their rights to the stock. More...

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  1. Joel:

    Do you have the names of any of the "nominees" involved in the fraud scheme? Please post them if you have.

    ReplyDelete
  2. Sorry but I do not have that information.

    ReplyDelete
  3. this man is a pastor - i use to attend his church.

    ReplyDelete

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