Andrew Park, an owner and executive of Asian Village Detroit, Inc. ("Asian Village"), Pleads Guilty to Felony Tax Evasion

Source- http://detroit.fbi.gov/dojpressrel/pressrel10/de122210.htm

Andrew Park, 46, of Ann Arbor, Michigan, an owner and executive of Asian Village Detroit, Inc. ("Asian Village"), Pangborn Technovations, Inc. ("PTI"), and the Security Communication Alert Network ("SCAN"), pleaded guilty yesterday to attempting to evade the payment of more than $300,000 in taxes to the Internal Revenue Service "(IRS"), United States Attorney Barbara L. McQuade announced.

McQuade was joined in the announcement by Erick Martinez, Special Agent in Charge, Internal Revenue Service, Criminal Investigation; FBI Special Agent in Charge Andrew Arena; and Special Agent in Charge Giovanni Tiano, Department of Homeland Security, Office of Inspector General.

During a hearing this afternoon before United States District Judge Patrick J. Duggan, Park admitted that he had attempted to evade the payment of taxes on $898,000 in income that he earned in connection with Asian Village, SCAN, and PTI during the years 2005 through 2007. Park acknowledged that he lied in documents submitted to the IRS, and he disguised income that he received as loans from Asian Village, SCAN, or PTI. Park was charged by way of a criminal Information on Friday, December 17, 2010. Based on his guilty plea and conviction for felony tax evasion, Park is facing a maximum of five years in prison and a fine of up to $100,000.

United States Attorney McQuade said, "Andrew Park sought to avoid paying taxes on more than $890,000 in income that he earned, legally and illegally, through his ownership of Asian Village, SCAN, and Pangborn Technovations, in connection with work these businesses had with the City of Detroit."

The case was investigated by special agents of the IRS, the FBI, and the Department of Homeland Security, Office of Inspector General. It is being prosecuted by Assistant United States Attorneys Robert Cares and David A. Gardey.


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