Realtor Convicted on 2 Tax Charges
A Woodland Hills real estate broker was convicted this week on two counts of filing false federal income tax returns, the Internal Revenue Service reported.
Prosecutors said Martin Parker Williams II, 41, owner and president of White House Properties, knowingly understated his real estate commissions by more than $84,000 in 1984 and 1985.
He was found guilty by a judge Tuesday in U.S. District Court in Los Angeles and will be sentenced on Dec. 17, IRS spokeswoman Jan Gribbon said.
Williams faces a maximum sentence of three years in prison and a $100,000 fine for each count.
“The situation is personal and does not affect the operation of White House Properties in any way,” Williams said of his conviction. “We had a fair trial and my lawyer thought it was a close case. I accept the system.” Williams has owned White House Properties, which specializes in residential property, for about for years.
Jim Reber, spokesman for the State Franchise Tax Board, could not confirm or deny that Williams is being investigated by that agency but said that if there is a federal investigation, normally “the state is close by or already on the heels of an action.”
Williams said he is not facing state charges.
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