Dentist Sentenced for Bankruptcy Fraud and Tax Evasion

A New Jersey dentist and owner of three dental practices in Bergen and Monmouth counties, has been sentenced to 21 months in federal prison for tax evasion and bankruptcy fraud.  Stephen A. Beukas is guilty of evading more than $800,000 in taxes and failing to disclose almost $1.3 million in income earned in 2008 when he filed bankruptcy on his practices.  Beukas, 47, previously pleaded guilty in June 2012 before United States District Judge Renee Marie Bumb.  He was also sentenced to two years probation, imposed a $50,000 fine, and ordered that he pay $69,883 in restitution to the bankruptcy trustee for distribution to creditors.

In a pleading of leniency, defense attorney Rocco C. Cipparone Jr., noted that Beukas had a 20-year history of providing free dental work to patients and provided documentation to the judge showing that the value of Beukas’ charitable acts exceeded $170,000 in the last three years.

Beukas was among seven that were named in a 31-count state grand jury indictment for their alleged roles in a scheme to defraud the Medicaid program of over $5.5 million.  Of the seven indicted, five were dentists and two were managers.

Special agents of the IRS and the Newark Office of the US Trustee led the investigation, in coordination with the Financial Fraud Enforcement Task Force.

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