A northern New Jersey plastic surgeon has been convicted of diverting millions in corporate earnings for his personal use, costing the United States nearly $3 million in tax revenue. Fifty-five-year-old David Evdokimow, a Harding Township resident whose practice is in Basking Ridge, was convicted Wednesday of eight counts of fraud and tax evasion following a three-week trial.
Prosecutors say Evdokimow conducted his practice through a corporate entity known as De’Omilia Plastic Surgery P.C. They claim he paid his personal expenses directly from De’Omilia’s corporate bank accounts while falsely attributing these expenses to De’Omilia’s corporate operations. He also concealed millions by using shell corporations.
Prosecutors say he used the money to pay for designer clothes, jewelry, vacations, artwork and multiple residences. He will be sentenced on Feb. 24.
Filed Under: Industry regulations