From Miami Herald, “This story starts with Pompano Beach’s Majestic Jet, a company that bought and sold aircraft, hiring Timothy Beverley in February 2010 and giving him signature authority on the company’s bank accounts. This happened after Beverley finished his federal prison sentence for wire fraud and before he paid the $18 million in restitution from that case.
This story ends, predictably, with Beverley being found guilty Tuesday by a federal court jury of filing fraudulent tax returns, wire fraud and filing false reports with the U.S. Probation Office.
Part of the reason the Probation Office reports were false and the tax returns were fraudulent, the Justice Department says — Beverley didn’t report the $1.5 million he embezzled as income.”