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A 61-year-old Dublin man was sentenced to 16 months in prison for filing false corporate tax returns with the IRS, according to Acting U.S. Attorney Alex Tse.
Shiv Kumar, the former president and sole shareholder of A-Paratransit Inc., pleaded guilty to charges that stemmed from under-reporting more than $4 million in income.
His multi-million dollar company provided transportation services to people with disabilities in the Bay Area, prosecutors said.
Kumar filed false tax returns from 2008 to 2010, according to prosecutors, and cost the IRS more than $1.4 million.
Prosecutors said he deposited gross receipts to multiple bank accounts and provided a tax specialist with doctored and incomplete records.
Kumar also admitted to using unreported gross receipts to buy property in California, prosecutors said.
Judge Jon Tigar ordered Kumar to serve the prison sentence and a one-year term of supervised release. Kumar was ordered to self-surrender on or before June 15 to begin his prison term.
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