EUGENE, Ore.—The previous president and minority proprietor of Willamette Nation Music Live shows, LLC, which deliberate, managed and promoted the annual Willamette Nation Music Competition in Linn County, Oregon, pleaded responsible right now to tampering with financial institution statements and monetary summaries to affect the sale of his stake within the enterprise.
Anne Hankins, 53, a resident of Springfield, Oregon, pleaded responsible to 1 rely of wire fraud and cash laundering.
“With right now’s responsible plea, Ms. Hankins has been confirmed to be a serial fraudster,” mentioned Craig Gabriel, Chief of the U.S. Legal professional’s Workplace. “Falsifying financial institution statements and laundering cash to fraudulently inflate the worth of a enterprise are critical federal crimes.”
“Ms. Hankins blatantly cheated on her enterprise affiliate and stole cash that by no means belonged to her. Nonetheless, right now the curtains have fallen and Ms. Hankins is dealing with the music for her fraud,” mentioned mentioned Particular Agent in Cost Bret Kressin, IRS Prison Investigation (IRS:CI), Seattle Discipline Workplace.
In accordance with court docket paperwork, as the previous minority proprietor of Willamette Nation Music Live shows (WCMC), Hankins owned 49% of the corporate. As president of WCMC, Hankins was chargeable for getting ready month-to-month monetary statements which she supplied by e-mail to the bulk proprietor of the corporate, primarily based in Beverley Hills, California.
Starting in September 2016 and persevering with by means of March 2018, Hankins supplied altered financial institution statements and false monetary summaries to the bulk proprietor to hide WCMC’s true monetary scenario. In November 2017, the bulk proprietor approached Hankins to purchase his stake within the firm and have Hankins proceed as chairman of the corporate.
On or about February 7, 2018, Hankins despatched an up to date monetary abstract to the bulk proprietor, incorrectly reporting that the corporate had roughly $1.1 million in its working account. In actuality, there was solely $16,000 within the firm’s account. Primarily based on these pretend monetary statements, on March 1, 2018, the bulk proprietor bought Hankins’ stake within the firm for $1.5 million.
After receiving fee from the bulk proprietor, Hankins ordered his credit score union to difficulty a cashier’s test from his account to the clerk of the Oregon District Courtroom to fulfill a restitution order on a earlier fraud conviction. Financial institution of 2001. Hankins thus laundered the proceeds of 1 crime to pay his restitution on one other.
On September 12, 2022, Hankins was charged by felony intelligence with one rely every of wire fraud and cash laundering.
Wire fraud is punishable by 20 years in federal jail and cash laundering by 10 years in federal jail. Each counts also can lead to fines of as much as $250,000, which is double the gross beneficial properties or losses from the offense, and three years’ supervised launch.
Hankins might be sentenced on January 5, 2023 by U.S. District Courtroom Choose Michael J. McShane.
As a part of his plea deal, Hankins agreed to pay the government-identified and court-ordered restitution.
This case has been investigated by the IRS:CI and the FBI, and is being prosecuted by Gavin W. Bruce, Assistant United States Legal professional for the District of Oregon.