HONOLULU (AP) — A federal jury in Hawaii has found the president of a telecommunications company guilty on charges that he illegally used $4 million in corporation money over a decade and underreported his income tax. ADVERTISING HONOLULU (AP) —
HONOLULU (AP) — A federal jury in Hawaii has found the president of a telecommunications company guilty on charges that he illegally used $4 million in corporation money over a decade and underreported his income tax.
Albert S.N. Hee’s verdict was delivered Monday on the second day of jury deliberations. Hee was found guilty of interfering with the Internal Revenue Service and six counts of filing false tax returns.
Hee was president of Waimana Enterprises Inc., the parent company of Sandwich Isles Communications Inc.
Prosecutors say Hee used corporation money for personal expenses including his children’s college tuition, a home they used, false wages paid to family member and other expenses.
He faces up to three years in prison and a fine of $250,000 for each charge. Sentencing is scheduled for Oct. 26.
