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On September 17, 2004, in San Diego, CA, B. Roland Frasier, an attorney for a prominent San Diego ophthalmologist, Dr. Glenn Kawesch, pleaded guilty to tax evasion, filing false returns, and money laundering. Frasier admitted that he transferred $1.25 million of Dr. Kawesch’s profits from his medical practice to an offshore account at the Bank of Nevis to avoid paying incomes taxes. Frasier also admitted he underreported $3.3 million of his own income for the tax years 1997 through 2001, which resulted in a tax loss of $934,000. In addition, Frasier admitted he entered into a series of sham agreements involving a business he helped take public. He did not disclose to the company's president about his ownership of a corporation in Nevis that received $300,000 and 7 million shares. Frasier had telemarketers sell more than 1.3 million of the shares which netted more than $1 million.
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An attorney for popular San Diego eye surgeon Dr. Glenn Kawesch pleaded guilty to tax evasion and money- laundering the other day and confronts 3 years Roland Frasier Digital Marketer in jail. B. Roland Frasier, 40, of Rancho Santa Fe, admitted in federal court that he transferred $1.25 countless Kawesch's earnings to an overseas bank to try to avoid taxes and lenders. Frasier also confessed underpaying nearly a million dollars in federal taxes by not reporting $3.4 countless his own Roland Frasier income, much of it company earnings from his law firm that he utilized for personal expenses. And he confessed he participated in a series of sham contracts involving a business he assisted take public. He lied to the business's president about his ownership of a corporation in Nevis that got $300,000 and 7 million shares, district attorneys said. He then had telemarketers offer more than 1.3 countless the shares, netting more than $1 million, district attorneys said. Frasier is to be sentenced Dec. 6. In a related case, Kawesch pleaded guilty in May in 2015 to evading $4.2 million in federal taxes through sham agreements and plans. He is arranged to be sentenced Oct. 25. Kawesch is fighting state regulators who say he needs to lose his license because his guilty plea shows "ethical turpitude." Federal prosecutors were uncertain whether Frasier would lose his bar license as an outcome of his guilty plea.
