Chiropractor Guilty of Federal Tax Evasion

Rockford – Cevene Care Clinic owner was found guilty for federal income tax evasion last December 21, 2012.

Todd R. Cevene, 42, owner of Cevene Management Group, Inc., Ceven Enterprises, LLC, and, Todd laska Asset Preservation Trust, pleaded guilty for intentionally evading payment of federal income tax. In his plea agreement, he divulged that he has been transferring income from Cevene Care Clinic to his other companies in 2004. He further elaborated that the amassed money were then used to pay for personal expenses knowing that those payments would be improperly used as business expense deductions on entities’ federal income tax returns.

Also in the agreement, he confessed of having most of the money to be transferred directly to his personal account which were not included as income on his personal federal income tax returns.

Cevene admitted that his purpose for transferring the funds to his account was to minimize the risk of exposing his attempts for tax evasion. It has also been found that he made more than one transfer between accounts to make it less suspicious.

Finally, Cevene wrote in the agreement that he owes a large amount of federal income tax for 2004 that he failed to report or pay accordingly. He continued his tax evasion for another 3 years accumulating a total of $91,568 under payment of federal income tax.

Cevene was charged last December 14, 2012 and is scheduled to be sentenced on April 2, 2013. If found guilty, he could have up to five years jail time, with around three years of supervised release after imprisonment and a fine of up to $250,000 plus $500  prosecution costs.