A Greendale neurosurgeon was convicted by a federal grand jury on tax fraud charges for failing to report $8.7 million in income that he hid in bank accounts in India.
Arvind Ahuja, 50, is scheduled to be sentenced in January by Chief U.S. District Judge Charles Clevert, according to the Milwaukee Journal Sentinel. He remains free on bond.
Ahuja was found guilty late Wednesday in U.S. District Court in Milwaukee of one count of filing a false tax return in 2009 and one count of failing to file a report of foreign bank and financial accounts. He was acquitted of five charges.
Ahuja wire transferred and maintained millions of dollars in bank accounts in India as well as in Bailiwick of Jersey, a British Crown dependency in the Channel Islands off the coast of Normandy, and France. He failed to report these accounts to the IRS on his 2006-2009 tax returns.
Ahuja also failed to report more than $2.7 million in interest income that he earned from his accounts in India.
The defense said the case should have been handled civilly, not in criminal court, and that the issue is related to one missed tax form. Attorney Dan Webb said in a statement "failing to check a box on a tax return or attach some arcane form is typically handled as a civil matter by the IRS."
He has made made full payments due to the IRS, including interest and penalties.