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<p>[QUOTE=&quot;Owle, post: 1266633, member: 22004&quot;]&quot;Gray admitted to receiving approximately $2.4 million for the error&nbsp; coins.&nbsp; The coin distributor sent all checks for payment by FedEx to&nbsp; Gray’s residence in North Wildwood.&nbsp; </p><p><br /></p><p>Gray admitted the $2.4 million from the coin distributor was deposited into his Police and Fire Federal Credit Union account. </p><p>Gray&nbsp; admitted that between 2007 and 2009, he failed to report the sale of&nbsp; the coins on his income tax return. Gray admitted he understated his tax&nbsp; liability by approximately $801,651. </p><p>The theft of government&nbsp; property charge to which Gray pleaded guilty carries a maximum potential&nbsp; penalty of 10 years in prison and a $250,000 fine. The tax evasion&nbsp; charge carries a maximum penalty of five years in prison and a $250,000&nbsp; fine.&quot;</p><p><br /></p><p>As usual &quot;tax evasion&quot; or tax fraud are useful tools at the disposal of the government to nailing crooks.&nbsp; Even drug dealers will file their tax forms under the occupation of &quot;consultant&quot; rather than risk additional tax charges if they are caught, the government is glad to get the $$$!</p><p><br /></p><p>Who was the coin dealer?&nbsp; He/she is obviously an accessory to crime.&nbsp; You don&#039;t get tons of mint error coins from a government employee without knowing it is fraud!&nbsp; That dealer is going to a sad sack before long.&nbsp; And isn&#039;t it the duty of grading services to report suspected fraud as in this case?&nbsp; Just look at the PNG ethical code.[/QUOTE]</p><p><br /></p>

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