Date: February 26, 2021 Contact: firstname.lastname@example.org Portland, OR — A former certified public accountant and former chief financial officer of a McMinnville, Oregon company faces federal criminal charges after allegedly evading $99,000 in personal income taxes, announced U.S. Attorney Billy J. Williams. Kent Jensen a resident of Gilbert, Arizona, has been charged by criminal information with two counts of felony tax evasion. According to court documents, in 2014 and 2015, Jenson, who also previously worked as an auditor with an international accounting firm and a financial consultant for a business in Milwaukie, Oregon, allegedly set up several nominee companies and nominee bank accounts to conceal most of his personal income from the IRS. Jensen arranged for his financial consulting clients to pay his consulting fees to these nominee companies. He then deposited the funds into nominee bank accounts and used the proceeds for personal expenses. In 2014 and 2015, Jensen submitted fraudulent personal income tax returns that substantially underreported his personal income and the taxes owed. "Now that the tax filing season has begun, and tax revenues are right now being used to assist Americans through the COVID pandemic, cases like this are a reminder that all taxpayers have a lawful duty to file accurate tax returns and pay their fair share of taxes," said U.S. Attorney Williams. "This office and the IRS will aggressively investigate and prosecute anyone who criminally abuses the tax system." Jensen faces a maximum sentence of 5 years in prison, a $250,000 fine, and three years' supervised release for each of two counts of tax evasion. He will be arraigned on March 18, 2021 before a U.S. Magistrate Judge. This case is being investigated by IRS Criminal Investigation. It is being prosecuted by Seth D. Uram, Assistant U.S. Attorney for the District of Oregon. A criminal information is only an accusation of a crime, and a defendant is presumed innocent unless and until proven guilty.