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Girlfriend's financial maneuvers get Cedar Rapids landlord jailed while awaiting tax evasion sentence

May 13, 2009

She was only trying to help, no doubt. But now Robert Miell gets to await his tax evasion sentence in jail. The Gazette Online reports that a judge granted a prosecution request to jail him as a flight risk:

The motion to revoke Miell's pre-sentence release and a request for an arrest warrant were unsealed in which the government alleged structuring of deposits.
"Intentional structuring" is when cash deposits are made in a such a way to avoid filing currency transaction reports. Any cash deposited of more than $10,000 must be reported to the government.

...

Two transactions stood out. On March 23, four deposits totaling $8,765 were made at more than one bank branch. All the deposits were made by Miell and his former employee/girlfriend, Cindi Peacock. Peacock then attempted to make one more deposit at the end of the day that would have brought the day's total to more than $10,000. When the teller asked Peacock for her driver's license to file the required report, she refused, and when the teller insisted, Peacock asked that the deposit be reversed and the cash returned.

On the following day, Peacock made two cash deposits into Miell's business account, each one minute apart, totaling $2,679.

The moral? If you want to get a teller's attention, come in four or five times in a day making $1,000+ deposits that add up to more than $10,000.

Link: Prior Tax Update coverage.

Tags: structuring.tax crime.