Second Arrest for Pomona Husband and Wife for Tax Evasion
Public Affairs Office
For Immediate Release
Sacramento – A Pomona couple was arrested for a second time today on four felony counts of tax evasion, Franchise Tax Board (FTB) announced.
Federico G. Quevedo, 71, is charged with two felony counts for failing to file state income tax returns, and Eduardita E.V. Quevedo, 66, is charged with two felony counts for filing fraudulent state income tax returns. The husband and wife were medical practitioners who failed to report over $4.2 million in income payments received from the Federal Medicare Program. The Quevedo’s were previously convicted of the same charges in 1999 and settled by issuing a payment of over $150,000 in restitution to FTB.
The Quevedos each face six years in state prison and could be ordered to pay restitution totaling over $600,000 to the FTB for tax, interest, penalties, and cost of the investigation.
The Quevedo’s case was discovered by the Los Angeles County District Attorney’s Fraud Interdiction Program. Launched in 2004, the program is an effective tool used to investigate and prosecute health care fraud cases, which cost health insurers and government-funded health plans more than $100 billion nationally each year. The program targets attorneys, medical doctors, chiropractors, dentists, and clinic owners who have allegedly engaged in health care fraud.
Federico G. Quevedo was booked into the Main Central Jail in Los Angeles and Eduardita E.V. Quevedo was booked into the Detention Center in Lynwood. Their bail is set at $340,000 each. The Quevedo’s arraignment is scheduled for April 12, 2010 at the Los Angeles County Superior Central Court.