Anil Surabhi, a 43-year-old Indian citizen residing in McKinney, Texas, has been charged with a federal tax violation in the Eastern District of Texas. The announcement was made by Acting U.S. Attorney Jay R. Combs.
According to an indictment issued by a federal grand jury this week, Surabhi allegedly attempted to evade taxes while controlling an IT services company based in Georgia. The indictment claims that Surabhi used company funds for his personal investments, paid personal expenses, and invested in real estate without reporting those amounts as income on his individual tax returns.
If convicted of the charges, Surabhi could face up to five years in federal prison.
The case is under investigation by the Internal Revenue Service-Criminal Investigations and is being prosecuted by Assistant U.S. Attorney Alan Jackson.
“A federal indictment is not evidence of guilt. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law,” according to the statement from the U.S. Attorney’s Office.
