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Date: 08-27-2020
Case Style:
United States of America v. Raymond Adamee and Angie Adamee
Case Number: 2:19-cr-20033-CSB-EIL
Judge: Colin Stirling Bruce
Court: United States District Court for the Central District of Illinois (Champaign County)
Plaintiff's Attorney: United States District Attorney’s Office
Defendant's Attorney:
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Description:
Urbana, IL - The United States of America charged Raymond Adamee and Angie Adamee with under-reporting income in filed tax returns.
The couple each pleaded guilty on Feb. 10, 2020, to under-reporting gross receipts of their business, Kankakee Plaza Liquors, 1623 E. Court St., Kankakee, Ill., for the calendar years 2012 through 2016, by approximately $1.6 million.
The couple has operated the retail liquor store, predominately as a cash business, since 1989. The under-reporting of the approximate $1,621,779 in income received by the business and its owners, resulted in their failure to pay $409,117 in federal income tax that was due and owing. The under-reporting also resulted in failure to pay $233,619 in income tax, replacement tax, and sales and use tax to the State of Illinois.
In 2017, the IRS uncovered the tax fraud when the couple used a business broker to list KPL for sale for $600,000. An IRS-Criminal Investigation Division undercover agent contacted the broker to request more information about KPL and learned that KPL’s reported income to the IRS was substantially lower than represented in the sale advertisement. When IRS-CI agents executed a search warrant at the couple’s home and business location on Nov. 29, 2017, they found tens of thousands of dollars in cash kept in a safe at the their residence.
26:7206A.F; FRAUD AND FALSE STATEMENTS. On or about 8/15/2013 through 4/5/2017, in Kankakee County, the defendants did knowingly file a false tax return in violation of 26 U.S.C. § 7206(1).
(5)
Outcome: Raymond Adamee:
Defendant is committed to the custody of the BOP for a term of 24 mos on Count 5 which is a split sentence with 12 mos in custody and 12 mos in home confinement as a condition of supervised release. The term of imprisonment will be staggered with the sentence of imprisonment given to co-defendant Angie Adamee (2) in this case with Raymond Adamee (1) to serve his sentence first, 1 year supervised release, $100 special assessment imposed and $642,736.00 restitution ordered joint and severally with co-defendant Angie Adamee (2).
Plaintiff's Experts:
Defendant's Experts:
Comments: