|Published:||Oct 07, 2010 3:24 PM EDT|
|Updated:||Oct 07, 2010 12:25 PM EDT|
FORT LAUDERDALE, Fla. (AP) - A father and son who developed hotels in New York and Florida have been convicted on federal tax charges in Fort Lauderdale.
The U.S. Attorney's Office reports that 77-year-old Mauricio Cohen Assor and 46-year-old Leon Cohen-Levy were found guilty Wednesday of conspiring to defraud the United States and filing false tax returns. Prosecutors say the men concealed more than $150 million in assets, including Miami Beach mansions, yachts, luxury automobiles and bank accounts containing tens of millions of dollars. They also failed to report more than $49 million in income to the Internal Revenue Service.
Both men face up to 11 years in prison at their Dec. 17 sentencing.
- Public IDs woman accused of stealing from elderly victim
- Motorcyclist injured after crash on Nelson at Tropicana
- Snow forecasted for Golden Gate Community Park Saturday
- Pilot whales change course, move closer to shore
- Officials: 20 whales spotted closer to shore
- 2 die in South Florida motorcycle crash
- Cape Fire Station 2 closes for repairs due to mold
- SWFL gathering Saturday to support elderly smack cam victim
- An iconic ship gets a chance to set sail on a new voyage
- Post Office offers help on Sundays