Omaha Man and Daughter Charged with Structuring

By: WOWT Email
By: WOWT Email

United States Attorney Deborah R. Gilg announced that, on February 24, 2012, an Indictment was unsealed charging Robert Faulkner, 63, and his daughter, Karen Faulkner-King, 35, with conspiracy to commit structuring of cash transactions in order to avoid a bank’s reporting requirements from January 2009 through July 18, 2012. The Indictment also charges the two with sixty-seven individual counts of structuring, occurring over the same time period.

Faulkner and his daughter’s first court appearance will be March 26, 2012. If convicted, they face a maximum of imprisonment of 10 years, a fine of up to $250,000.00, a $100.00 special assessment, the forfeiture of money seized from four bank accounts, and an $887,379.00 money judgment. Following any prison term, they would serve at least three years on supervised release.

This case was investigated by the Internal Revenue Service and Homeland Security Investigations

WOWT NBC Omaha 3501 Farnam Street Omaha, NE 68131 (402) 346-6666
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 140783313 -
Gray Television, Inc.