The former CEO of Max International, a nutritional supplement manufacturer focused on enhancing cell function, was indicted this week for tax evasion. The Utah Attorney General believes Peter Nordberg was hiding commissions out of his home state to avoid paying taxes. The report from Justice News tells us more.
A federal grand jury sitting in Salt Lake City, Utah, returned an indictment yesterday charging Peter N. Nordberg, a former resident of Draper, Utah, with tax evasion, announced Principal Deputy Assistant Attorney General Caroline D. Ciraolo, head of the Justice Department’s Tax Division, and U.S. Attorney John W. Huber for the District of Utah.
According to the indictment, Nordberg was the Chief Executive Officer of Max International, a company that produces and markets nutritional supplements directly and through independent associates and distributors. As an employee of Max International, Nordberg earned a salary and commissions equal to a percentage of sales. The indictment alleges that during 2009 and 2010, Nordberg used a nominee entity that he registered in Delaware to conceal his receipt of commissions from Max International and filed false individual income tax returns that failed to report his commission income.
If convicted, Nordberg faces a statutory maximum sentence of five years in prison for each count, as well as a period of supervised release, restitution and monetary penalties.
Those who face similarly serious accusations of tax fraud or filing false tax returns can fight to protect their rights and interests with the assistance of the tax attorneys of Robert J. Fedor, Esq., L.L.C. Whether you need criminal tax attorneys in Chicago, Cleveland or anywhere else in the world, we can help.
