David Evdokimow of Harding, who practices in Basking Ridge, deprived the U.S. of nearly $3 million in tax revenue, according to the U.S. Attorney
A federal jury found a plastic surgeon from Morris County guilty of evading taxes on $5.8 million in income. (File photo) CAMDEN -- A plastic surgeon who practices in Basking Ridge was found guilty by a federal jury in Camden this week of concealing more than $5.8 million in income, U.S. Attorney Paul Fishman said in a statement.
David Evdokimow, 55, who lives in Harding, Morris County, fraudulently diverted corporate earnings for his personal use, costing the United States nearly $3 million in tax revenue between 2006 and 2010, Fishman said.
Evdokimow used the $5.8 million on personal expenses, including designer clothing, jewelry, vacations, artwork and "multiple" residences, which he falsely claimed as business expenses, according to Fishman.
Evidence in a superseding indictment and heard at the trial showed that Evdokimow ran his medical practice through a corporation called De'Omilia Plastic Surgery, Fishman said. He conspired with others to steal from the Internal Revenue Service by forming shell corporations and then having others open bank accounts for those corporations, Fishman said.
Evdokimow convinced these "trusted associates" to give him their signatures so he had full access to the shell company accounts while being able to conceal his connection, Fishman said.
He and the others "funneled" millions from De'Omilia into these accounts and falsely claimed that the transfers were legitimate business expenses, according to Fishman.
Evdokimov also opened accounts at several banks to directly cash checks he received from patients, cashing more than $360,000 in checks between 2009 and 2011, Fishman said.
The jury found Evdokimov guilty on all eight counts, including one count of conspiring to defraud the U.S., four counts of personal income tax evasion and three counts of corporate tax evasion, according to Fishman.
Each count carries a maximum penalty of five years in prison and a $250,000 fine, Fishman said. Evdokimov is scheduled to be sentenced on Feb. 24.
Evdokimov was represented in the trial by attorney James Kridel, who told NJ Advance Media at the time of his initial indictment in 2014 that he had been in discussions with the U.S. Attorney's Office for "a couple of years now" regarding the allegations.
"We did not agree to any type of settlement agreement or plea arrangement because of a strong belief of innocence," Kridel said.
Kridel said in 2014 that his client had previously paid back taxes and filed the proper paperwork pursuant to discussions with the Justice Department.
The attorney blamed the legal problems on an accountant who had been discharged and was the subject of criminal charges and a civil suit.
Reporting by Justin Zaremba was used in this article.
Ben Horowitz may be reached at bhorowitz@njadvancemedia.com. Follow him on Twitter @HorowitzBen. Find NJ.com on Facebook.
