Domecq sentencing delayed so he file tax returns
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- October
- 26
A former executive with liquor company Domecq Importers Inc. who pleaded guilty to fraud charges has had his sentencing delayed until December so that he can finish catching up on filing tax returns.
Michael Domecq, the former president and co-owner of the company, an importer and exporter of alcoholic beverages, had been due to appear in U.S. District Court in lower Manhattan on Monday. Judge Richard M. Berman re-scheduled the sentencing until Dec. 18 after lawyers for Domecq said in a letter that “despite diligent efforts,� Domecq has not finished with all of the returns.
He is required to file accurate returns for 1989 through 2006.
The company was based in Larchmont before moving to Greenwich, Conn. in 1991.
Domecq was indicted in September 2000 for being involved in a scheme to channel $14.6 million in company money into personal bank accounts in other nations. He was not arraigned until March of this year after being extradited back to the United States from the United Kingdom.
The scheme was carried out from 1989 through 1995.
Domecq and his co-conspirators did not pay income taxes on much of the money they stole, prosecutors have said.
This entry was posted
on Friday, October 26th, 2007 at 10:47 am by Allan Drury.
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