NEWPORT Information, Va. – A Newport Information lady was sentenced today to 52 months in prison and purchased to shell out a $200,000 high-quality for evading the evaluation of her 2015 and 2016 profits tax returns.
According to court docket documents, Nosuk Kim, 61, was formerly a accredited legal professional, substitute choose, and member of the disciplinary committee for the Virginia Point out Bar. Even though serving in these capacities, she and her husband laundered much more than $2.2 million in fraud proceeds by way of an entity in China and her legal professional-have faith in account. The defendant made use of these cash to shell out down a house fairness line of credit score on the family members dwelling and to invest in other serious estate investments.
The laundered money had been proceeds of her husband’s considerable procurement fraud scheme involving more than $7 million in government contracts. The defendant’s partner, Beyung Kim, was previously prosecuted in the Eastern District of Virginia and sentenced to 58 months in jail in August 2021.
In spite of laundering roughly $970,000 of taxable revenue in 2015 and approximately $1,250,000 of taxable earnings in 2016, the defendant did not report any of this money on her federal profits taxes for people tax yrs. As a final result of her tax fraud, the defendant prompted about $868,924.54 in missing tax income to the United States.
Jessica D. Aber, U.S. Attorney for the Eastern District of Virginia Derek Gordon, Performing Exclusive Agent in Charge of U.S. Immigration and Customs Enforcement’s Homeland Stability Investigations Chris Dillard, Specific Agent in Cost for the Division of Defense Office of Inspector Normal, Protection Felony Investigative Services Cynthia L. Hearn, Acting Unique Agent in Charge of the Washington D.C. Area Business office, IRS-Prison Investigation (IRS-CI) and Peter J. Tolentino, Unique Agent in Cost of the NCIS Financial Crimes Industry Business built the announcement right after sentencing by U.S. District Judge David J. Novak.
Significant help was offered by the Defense Agreement Audit Agency.
Assistant U.S. Lawyers Brian J. Samuels and D. Mack Coleman prosecuted the scenario.
A duplicate of this press release is located on the web site of the U.S. Attorney’s Workplace for the Jap District of Virginia. Related court docket files and information and facts are situated on the site of the District Court for the Jap District of Virginia or on PACER by browsing for Situation No. 4:22-cr-52.