Kiryas Joel businessman charged with federal tax, bank fraud Text Size: A | A | A Print this ArticlePrint this Article Email this ArticleEmail this Article ShareThis 1 of 3 clicks used this month LOGIN | REGISTER | SUBSCRIBE By Gittel Evangelist Times Herald-Record Published: 6:21 PM - 04/29/14 Last updated: 6:25 PM - 04/29/14 KIRYAS JOEL — A Kiryas Joel businessman was arrested Tuesday on federal tax and bank fraud charges levied by the U.S. Attorneys Office and the Internal Revenue Service, officials said. Federal officials say Shloime Torim, 76, who is involved several businesses – including car leasing, rentals and real estate – used multiple aliases and social security numbers. Most of Torims businesses “were shell companies and served no purpose other than to conceal Torims income,” said U.S. Attorney Preet Bharara in a press release. Torim is charged with one count of obstructing and impeding the due administration of the Internal Revenue Service, which carries a maximum sentence of three years in prison; five counts of failing to file United States individual income tax returns for 2007 through 2011, each of which carries a maximum sentence of one year in prison; and two counts of making a false statement to a bank for the purpose of obtaining a loan, which carries a maximum sentence of 30 years in prison. Torim was arraigned in White Plains federal court. Bail arrangements were unavailable Tuesday. gevangelist@th-record
Posted on: Wed, 30 Apr 2014 01:16:50 +0000
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