Former defense contractor executive pleads guilty to tax evasion | Takeover bid


A former chief executive of a defense contractor today pleaded guilty to tax evasion.

According to court documents and statements made in court, from 2010 to 2019, James M. Robar, of Colorado Springs, Colorado, failed to file a timely tax return with the IRS. From around February 2012, James Robar was employed by a US Department of Defense contracting company, eventually serving as its chief executive from 2015. In 2016 and 2017, Robar evaded tax by asking his employer to keep his bonuses in an offshore company bank account. rather than having these funds transferred to its national bank account. In 2019, after receiving a $1 million bonus from his employer, Robar purchased two properties at a total cost of just over $1 million, and he titled both properties solely to his wife’s name. . In total, Robar failed to report about $5.5 million in compensation he earned from 2012 to 2019, resulting in a government tax loss of more than $1.5 million.

Robar is the second defendant associated with the defense firm to plead guilty. Charles Squires pleaded guilty to tax evasion in February 2022.

Robar is to be sentenced at a later date and faces a maximum sentence of five years in prison. He also faces a period of supervised release, restitution and financial penalties. A federal district court judge will determine any sentence after considering US sentencing guidelines and other statutory factors.

Acting Assistant Deputy Attorney General Stuart M. Goldberg of the Justice Department’s Taxation Division and U.S. Attorney Matthew M. Graves of the District of Columbia made the announcement.

IRS-Criminal Investigation and the Special Inspector General for Afghanistan Reconstruction are leading the investigation.

Assistance was provided by the Joint Chiefs of Global Tax Enforcement (J5), which brings together the tax authorities of Australia, Canada, the Netherlands, the United Kingdom and the United States.

Senior Litigation Counsel Nanette Davis and Attorneys Brittney Campbell and Sarah Ranney of the Tax Division, and Assistant U.S. Attorney Leslie Goemaat of the U.S. Attorney’s Office for the District of Columbia are pursuing the case.

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