Quantcast
image

Alhambra man admits to hiding $869,000 in Cayman Islands and Switzerland

October 2, 2012

The Pasadena Star-News reports that Alhambra resident Michael Francis, 50, pleaded guilty in Los Angeles federal court to not disclosing funds on his income taxes and failing to disclose $896,000 in foreign bank accounts. 

Francis faces a maximum sentence of eight years in prison and a fine of at least $500,000 at his Feb. 4 sentencing, according to the Star-News. He is also required to pay the IRS a penalty of 50 percent of his highest balance. Cash transactions of $10,000 or more must be reported to federal authorities

 

More Articles

Post new comment

Anonymous comments are moderated. Login or register to post unmoderated comments.
The content of this field is kept private and will not be shown publicly.
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.
Council members and children pose at the new playground before playing (Hit "Next" for more photos) | Photos by Alfred Dicioco

Alhambra playground re-opens after renovations

Alfred Dicioco
2 Comments
SLIDESHOW: The Almansor Park playground received its first makeover since 1989, including awnings on the slides, additional swing sets, and...
Results based on 243 responses.

Readers oppose "710 Day"

Nasrin Aboulhosn
A majority of readers told us they would not be supporting "710 Day" festivities and are against the city's efforts to close the...
In The News
Photo from World Journal

Tree falls and damages car on Valley and Garfield

Jue Wang
A tree fell Thursday on Valley Boulevard and Garfield Avenue, damaging a car. Alhambra police closed down part of the street to remove the tree,...
Kids having fun attempting a world record. Hit "Next" for more photos. | Photos by Alfred Dicioco

SGV kids join 35,000 children around the globe to break world record

Alfred Dicioco
Eighty local children jumped in the YMCA pool Tuesday during a global attempt to break the Guinness record for the largest simultaneous swimming...
Suggest A Story 發送給我們您的新聞提議 Envienos consejos sobre noticias

Community Events

Photo from Alhambra Chamber of Commerce website

Chamber Lunch & Learn

Jun 20, 2013 12:00 PM - 1:30 PM
Photo by Basak Ekinci from Flickr

Celebrate International Olympic Day 2013

Jun 20, 2013 7:00 PM - 8:00 PM

FREE Electronic Waste Recycling

Jun 22, 2013 9:00 AM - 2:00 PM

Alhambra Farmers' Market

Jun 23, 2013 8:30 AM - 1:00 PM
Add An Event

Announcements

Climb Aboard the Magical History Tour to 1920s Alhambra

Michael Lawrence
       Climb Aboard the Magical History Tour to 1920s Alhambra   (Alhambra, CA) — An attractive blonde...

American Cancer Society hosts Relay for Life of Alhambra

Alfred Dicioco
Join us as we celebrate survivors, remember those we lost & fight back against cancer. Alhambra High School9 AM-9 AMJuly 27-28, 2013 For more...

WeLoveAlhambra Grows to over 2000 likes

richard severson
Our Alhambra Facebook page is growing fast and the fans are loving it, one post got over 8000 likes and over 1100 comments, come see why www....

Catch "Of Mice and Men" at Mosaic Lizard Theater!

Alfred Dicioco
Mosaic Lizard Theater presents OF MICE AND MEN by John Steinbeck Opens Friday, May 31stFriday and Saturday, 8 pmSunday, 2 pm Adults - $15Students and...
Add An Announcement

  • Get Involved

    Get involved!. Send us your story ideas and news tips. Post an announcement, comment, or an event.

    We work with community organizations, teachers, pastors, nurses, construction workers, students, engineers, dancers and others to tell the stories of Alhambra.

  • Contribute

    社區參與是阿罕布拉新聞的核心.請告訴我們您的新聞建議和故事素材.

    發布一個公告, 寫一則評論, 或者通知我們社區裏的事件和活動. 投稿

  • Contribute

    Alhambra Source depende de la participación comunitaria.

    Envíe sus ideas de historias y consejos sobre noticias. Ponga un anuncio, escriba un comentario, avísenos si hay algún evento. Contribuir