Deron Freeman’s first run in with the IRS occurred when he fell behind on his federal tax payments from 2006 to 2010. In 2011 he entered into a payment agreement with the IRS which could have been the end of this story. But then, why would we tell it?
Once this deal with the IRS was started, Freeman begin using a bank account in the name of a third party to hide hundreds of thousands of dollars. After he had made enough payments to the IRS that a lien was removed against him, Freeman transferred $248,000 from the third party account to his personal money market account. He subsequently filed false tax returns for 2011, 2012 and 2013, failing to pay taxes on approximately $950,000 in income. He also significantly underpaid his taxes from 2012 to 2015. Freeman spent lavishly on cars, boats. and 1.5 million dollars building a new home.
He was sentenced to two years in prison, fined $15,000, and ordered to pay $357,062 to the IRS.