Founders of Neways Guilty of Tax Evasion

Summary


A federal jury on Friday convicted the founders of Utah-based Neways Inc. of cheating the Internal Revenue Service out of more than $1 million by failing to report millions of dollars in commissions they received from their company's overseas divisions.

Jurors found Thomas E. Mower Sr. and Leslie DeeAnn Mower each guilty of one count of conspiracy to defraud the United States and six counts of tax evasion. The former husband and wife face up to five years in prison and a $250,000 fine on each charge when they are sentenced June 21.

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Extract


Founders of Neways Guilty of Tax Evasion

Former Neways corporate attorney James Thompson also was convicted of one count of conspiracy and one count of obstructing an IRS ...

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