Man Pleads Guilty to Bankruptcy
Fraud and Tax Evasion
United States Attorney Karen P. Hewitt
announced that Stevan Charles Pedroarena entered a
guilty plea today in federal court in San Diego before
the Honorable Jeffrey T. Miller, United States District
Court Judge, to charges arising out of bankruptcy fraud
in 1999 and tax evasion for years 2000 through 2002.
Pedroarena pleaded guilty to a two-count Superseding
Information - one count of bankruptcy fraud and one
count of tax evasion.
According to Assistant U.S. Attorneys
Christopher P. Tenorio and Joseph Orabona, who handled
the prosecution, Pedroarena admitted that he fraudulently
failed to report on his 1999 bankruptcy petition that
he had filed his state and federal tax returns prior
to declaring bankruptcy and expected a refund of over
$8,000. Additionally, Pedroarena admitted that he failed
to declare $772,500.00 of his and his spouse’s
taxable income for the 2000 tax year. According to
Tenorio, Pedroarena further admitted as part of the
plea
agreement that he owed a total of $183,181.00 in outstanding
taxes for tax years 2000 through 2002. Pedroarena agreed
to pay the outstanding tax, and applicable penalties
and interest, to the IRS as a condition of the plea
agreement.
Judge Miller scheduled Pedroarena’s
sentencing on September 19, 2008 at 9:00 a.m..
DEFENDANT Case
No. 05CR0436-JM
Stevan Charles Pedroarena
SUMMARY OF CHARGES
Count 1 Title 18, United States Code, Section 152(3)
(bankruptcy fraud) Maximum penalties: 5 years in
custody; $250,000 Fine
Count 2 Title 26, United States
Code, Section 7201 (tax evasion) Maximum penalties:
5 years in custody; $100,000 Fine
PARTICIPATING AGENCIES
Federal Bureau of Investigation
Internal Revenue Service,
Criminal Investigation
