SAN FRANCISCO - San Francisco resident Jin Ming Yan was charged today in a criminal information with evading federal income taxes, announced Acting United States Attorney Alex G. Tse and Internal Revenue Service, Criminal Investigation, Special Agent in Charge Michael T. Batdorf.
According to the information, Yan, 54, of San Francisco, Calif., is alleged to have substantially underreported the amount of taxable income he owed for the 2011 tax year.
Yan’s initial appearance and arraignment are yet to be scheduled.
An information merely alleges that crimes have been committed, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt. If convicted, the defendant in this case faces a maximum sentence of five years in prison, a fine of $250,000 or twice the value of the gain or loss from the offense, restitution, three years of supervised release, and a $100 special assessment. However, any sentence following conviction would be imposed by the court only after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.
The prosecution is the result of an investigation by the Internal Revenue Service, Criminal Investigation, and the Federal Bureau of Investigation.
Source: U.S. Department of Justice, Office of the United States Attorneys
