Colorado-based dentist Ryan Ulibarri was sentenced to 41 months in prison for a complicated tax evasion scheme that cost the US and the state of Colorado over $1.6 million in total. Ulibarri used a fraudulent maze of shell entities, including a business trust, a family trust, a charitable trust, and a private foundation, to funnel earnings towards personal expenses and hide his income, with the case serving as a warning to professionals tempted by seemingly lucrative tax schemes.
How one man turned dental drills into tax thrills and what every professional should learn from it! Ever heard the saying, “Smile, it’s free”? Well, Ryan Ulibarri, a Colorado-based dentist, figured out a way to make those smiles come at a very steep cost,...
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