A Hesperia man will be arraigned next month on one count of filing a false state income tax return and 19 related counts of grand theft, grand theft by embezzlement and forgery in connection with an alleged embezzlement scheme, according to the Franchise Tax Board (FTB).
Lloyd C. Borkman, Jr., 59, was charged with failing to report more than $26,000 in alleged embezzled income during 1998. Borkman worked as general manager for a Victorville business for more than 10 years. During 1998, Borkman allegedly embezzled more than $26,000 of the company's funds for his personal use through misappropriation of company checks and credit cards. Borkman is accused of failing to report the alleged embezzled income on his 1998 California state income tax return. All income is taxable, including income from illegal activities.
Borkman has a potential state tax liability of more than $5,000, which includes tax, penalties, interest, and the cost of the investigation. Borkman faces a three-year maximum state prison term for just the tax charge.
San Bernardino County Superior Court Judge Rufus L. Yent ordered Borkman held over for arraignment. Arraignment is scheduled for November 5 in San Bernardino County Superior Court, Dept. V2 located in Victorville.
San Bernardino County Deputy District Attorney Maria Thompson is prosecuting the case. This is a joint investigation between the San Bernardino County D.A.'s Office, the San Bernardino County Sheriff's Office and the FTB.