Two who shielded $3.8M in income in tax evasion case sentenced By Associated Press
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PORTLAND An Oregon City couple who shielded more than $3.8 million in income in a tax evasion case will serve more than three years of probation.
Karl Brady, 59, and Laura Brady, 60, failed to pay $1.4 million in taxes from 2008 through 2015, and must pay that amount in restitution, The Oregonian/OregonLive reported.
Karl Brady also pleaded guilty to conspiracy to defraud the United States and conspiracy to commit bank fraud. Karl Brady was one of three owners for Northwest Behavioral Healthcare Inc., a Gladstone-based residential mental health treatment center for adolescents.
Oregon City couple sentenced to probation in tax evasion case
Updated Apr 30, 2021;
Posted Apr 30, 2021
The Bradys formed a purported church, related companies and bank accounts to hide income and assets from the IRS, according to a statement of facts signed by the Brady couple and their lawyers.
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An Oregon City couple who shielded more than $3.8 million in income in a tax evasion case was sentenced Friday to three years of probation.
Karl Brady, 59, and wife Laurie Brady, 60, failed to pay $1.4 million in taxes from 2008 through 2015, and must pay that amount in restitution.
Karl Brady was one of three owners of Northwest Behavioral Healthcare Inc., a Gladstone-based residential mental health treatment center for adolescents. The trio concealed income from the center for more than a decade, between 2002 and 2015, according to court documents. Karl Brady served as the company’s vice president of accounting. Laura Brady wasn’t part of the business but helped
2 who shielded $3 8M in income in tax evasion case sentenced sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.