Shamim Ahmed Khan has been released on bond after a grand jury indicted him on 27 counts of tax evasion and 15 counts of second-degree possession of a forged instrument.
The 40-year-old owner of a cigar wholesale business is accused of evading taxes during a two-year span, between February 2008 and April 2010. The forgery charges are related to commercial invoices Khan submitted to the Alabama Department of Revenue.
Khan’s bond payment exceeded $100,000.
If Khan is found guilty of all charges, he could spend up to 285 years behind bars and face fines of up to $2.8 million, according to the Shelby County Reporter’s report.
Khan’s arrest was the result of an investigation conducted by multiple arms of Alabama law enforcement. The Public Corruption and White Collar Crime Division of the state attorney general’s office and the Investigations Division of the Alabama Department of Revenue collaborated on the case.
In tax evasion cases, it is nearly impossible to avoid the involvement of large governmental bureaucracies. The procedural complexities of government investigation, combined with the peculiarities of each individual case, demands the assistance of a qualified attorney.