In exchange, Francis wants the charges dropped for pleading guilty to two misdemeanors.  He claims his Certified Public Accountant, Michael Barrett, stole millions of dollars from the company and then contacted the IRS for a whistle-blower award.

Immediately after the judge accepted a plea deal, the IRS filed a lien for $33.8 million for 3 years of back taxes. Francis claims that the IRS is levying his assets and he argues that the only way the IRS can freeze his assets are if he preparing to flee the country, moves his assets out of IRS’s reach or if he goes bankrupt. Francis states the only reason the IRS is freezing his assets is to get back at him or for spite.

As you can see, with tax revenues dropping, local, State and Federal tax collectors are doing everything they can to recover taxes owed or back taxes. Now is not the time to hide from taxing authorities as funds have been increased for tax collectors to increase collection efforts in order to decrease the tax gap (what individuals and businesses owe versus what is paid).

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