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Man pleads guilty to tax evasion in Bayview Crematory case PDF Print E-mail
Written by DeadGirl   
Thursday, 20 December 2007
By GRETYL MACALASTER

BRENTWOOD, NH — A sentencing hearing for the man who ran the now-defunct Bayview Crematory scheduled for Wednesday has been continued.
In September, Derek Wallace, 36, of 20 Forrest St. in Salisbury, Mass., entered guilty pleas in Rockingham County Superior Court to three charges of attempting to evade taxes and one charge of making and subscribing a false tax return. State Police shut down the crematorium in February 2005 after they found unidentified and commingled remains, as well a body in a broken cooler. Wallace had sold the crematorium to his mother, Linda Stokes, for $1 in 2002, although he was still running the day-to-day operation.

Last year, a grand jury indicted Wallace on three counts of making and subscribing false tax returns, two counts of attempting to evade taxes and two charges of theft by deception.

Wallace admitted that he willfully attempted to evade New Hampshire business profits taxes by concealing the operations of one of his businesses, Wallace Enterprises, and failing to file a tax return for the business. He also admitted willfully filing with the Department of Revenue Administration a false tax return with underreported business income and other false disclosures.

As part of the plea deal, the state plans to request a prison sentence of no more than 1½ to 3 years, according to an earlier press release from the Attorney General's office. Wallace also is expected to receive a prison sentence of 3 to 6 years, suspended for 10 years, and be required to pay $240,000 to the New Hampshire Department of Revenue Administration.

A new date for the sentencing hearing has not yet been set.


http://www.fosters.com/apps/pbcs.dll/article?AID=/20071221/GJNEWS_01/818998879
 
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