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... and yet another Terry Neal-related conviction ...
Internal Administrator
Posted: Friday, August 12, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 4/26/2004 8:44:24 PM

By: Sooltauq

RENO, NV, April 20
Best-selling Tahoe author Dale Brown pleads guilty to tax fraud
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A famous author who lives at Lake Tahoe has pleaded guilty to federal tax fraud.

Military-techno writer Dale Brown pleaded guilty in federal court in Oregon Monday to filing a false 1998 income tax return with more than $440,000 in fraudulent expenses. Federal prosecutors say it was part of an offshore tax evasion scheme.

The 47-year-old Brown lives in Incline Village. He is the author of 13 New York Times best sellers, including "Flight of the Old Dog," "Fatal Terrain" and "Warrior Class."

Prosecutors say he deducted the fictitious expenses for research and marketing expenses in a company in the West Indies and an insurance policy with a company in Grenada. They say it was part of a scheme promoted by Terry Neal of Oregon, the author of the book "The Offshore Advantage" and a high-profile advocate of offshore asset protection strategies.

Neal earlier pleaded guilty to conspiring to defraud the United States government as part of the scheme that has been under investigation since 2002.

Among other things, prosecutors say Brown used the scheme to help pay for remodeling expenses for a new residence. He is scheduled to be sentenced in Portland on August ninth. He faces a maximum penalty of up to three years in prison and a $250,000 fine.

(Copyright 2004 by The Associated Press. All Rights Reserved.)


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