Insurance Executive Gets 30 Months

[vc_row][vc_column][vc_column_text]A Pittsburgh insurance company owner was sentenced to 30 months in prison for tax evasion.

According to court records, Robert Rionda Jr., of Pittsburgh, Pennsylvania, owned Arms Insurance Group from 2002 through May 2014. In May 2012, after several attempts to receive payments from Rionda, the IRS levied his personal bank accounts for the unpaid 2009 and 2010 taxes.

Rionda stopped issuing salary checks to himself and his wife and started paying all of his personal bills from the company’s bank account

Over the next several years, Rionda continued to file tax returns, but he only made minimal payments to the IRS for the personal income taxes he owed.

The total criminal tax loss, including assessed interest and penalties, is $1.54 million.[/vc_column_text][us_image image=”1334″][/vc_column][/vc_row]