Littleton Couple Charged With Tax, Bankruptcy Fraud

by San Antonio Attorney

Daryl and Wendy Yurek, a couple from Littleton has been indicted by a federal grand jury for income tax evasion and bankruptcy fraud.  The couple, both 60 years old, can face up to five years in prison and pay fines up to $250,000.

The couple were partners in a firm named Bolder Venture.  Daryl Yurek holds a position as a business consultant and bears significant control over other companies; these include ID Watchdog and Veracity Credit Consultants.

The couple attempted to resolve more than $678,000 in tax debt through offering the Internal Revenue Service $75,000 in 2006. Both claimed that they didn’t have enough financial resources to pay the mount in full.  However, the couple filed for Chapter 7 bankruptcy four years later, providing their reason was that IRS strictly required $1.2 million for payment.

Veracity and Bolder Venture paid for Daryl Yurek’s personal expenses in the same period, according to the information of the indictment

The Yureks lived in a pricey loft in downtown Denver, which they purchased for $1.3 million in 2006.  Although the property was titled in the name of one of their sons, Veracity sent mortgage payments totaling nearly $530,000.  Bolder Venture paid homeowners fees of  the Yureks for almost $44,000.  Veracity made rental payments of more than $115,000 for the vacation house they owned and another $116,000 for their country club payments.

The Yureks also submitted false and misleading statements to the IRS, as stated by the indictment.  Daryl Yurek was charged with one count of tax evasion, one count of bankruptcy fraud, one count of creating a false oath in relation to bankruptcy and two counts of availing a false document.  Daryl’s wife, Wendy was charged with one count of tax evasion and one count of bankruptcy fraud.

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