CINCINNATI (FOX19) - Basil Asad, 38, of Cincinnati pleaded guilty to one count of willfully filing a false federal income tax return with the Internal Revenue Service (IRS). Asad faces a maximum prison sentence of 3 years and a fine of up to $250,000.
Carter M. Stewart, United States Attorney for the Southern District of Ohio; Tracey E. Warren, Acting Special Agent in Charge, Internal Revenue Service Criminal Investigation, Cincinnati Field Office; and James Vanderberg, Special Agent in Charge, U.S. Department of Labor, Office of Inspector General, Office of Labor Racketeering, Chicago Region announced the plea entered Tuesday before Senior United States District Judge S. Arthur Spiegel. Asad was release on bond pending sentencing on November 17, 2011.
According to court documents, Asad admitted that in 2002 he began his employment with Warsaw Wireless, Inc. and Warsaw Wireless of Kentucky, Inc. (Warsaw Wireless).