Bohdan Senyszyn worked for the IRS in Paterson, New Jersey. He audited mid to large-sized businesses. Mr. Senyszyn also holds a CPA license.
Then things went wrong. In 1992, Mr. Senyszyn agreed to help a New Jersey real estate developer hide income. Not content with one crime, Mr. Senyszyn then embezzled money from the real estate developer, evaded taxes on his own return (by failing to report the embezzled income), and committed bank fraud by obtaining a loan under false pretenses. He got the loan because his business had “income” of $175,000 based on “revenues” of $350,000. The real numbers were $0 and $0.
Mr. Senyszyn pleaded guilty this past week to tax evasion and bank fraud charges, and given the $762,000 loss to the treasury, he’s looking at an extended stay at ClubFed.