You spend year after year in grueling medical school to achieve you life long dream. Then one day you wake up to find that it was only a “dream.” That’s the day you wake up and find yourself in federal prison. And each day there after you find that one day is the same as the next – and so it goes for eight long years.
That’s exactly what Samuel M. Theagene, M.D. will soon be facing. 8+ years in prison – and for what?
Between October 3, 2006, and February 21, 2007, Theagene, president of the Pain and Neuromuscular Clinic of Texas, P.A., paid a Revenue Officer of the Internal Revenue Service $16,500 in United States currency to absolve his tax liabilities.
Now what was he thinking? Surely a medical doctor has enough common sense to know that bribery of a federal official wouldn’t work? Surely, he would have calculated the risk/reward ratio and figured that he really couldn’t win this battle?
Well, the investigation began in October of 2006, when the Defendant sent $500 cash to the Internal Revenue Officer working on the collections case. Attached to the five one hundred dollar bills was a note which read “A Token.”
Now that was smart (yea right)! However, he might have played that off as a payment toward his bill. Not so fast. His next moves gave away his intent (criminal intent I might add).
Thereafter, the Defendant offered to pay the Revenue Officer 10% of the approximate $160,000 business tax liability to eliminate the debt. Between October of 2006 and February 2007, the Defendant paid the Revenue Officer cash installments of $1500, $5000, $5000 and $4500. At one of the meetings, the Defendant asked for forgiveness of his personal tax liability as well. All of the payments were made by the Defendant to the Revenue Officer in area restaurants.
Not only is Doctor Theagene going to prison, but I’d bet that the IRS is not letting off the hook without paying the liability in question.
Every choice has a consequence. Likewise, you do reap what you sow. Sadly for Dr. Theagene his choices earned him time in the slammer. I do promise this – when he gets out he will wish he’d just paid what he owed.
Business ethics and White Collar Crime speaker – Chuck Gallagher – off for now…