Chiropractor Todd Cevene pleads guilty to tax evasion
The Rockford Record
A Rockford chiropractor faces five years in prison and fines of up to $250,000 after pleading guilty to federal tax evasion Friday, Dec. 21.
Todd R. Cevene, 42, is the owner of the Cevene Care Clinic, at 6451 E. Riverside Blvd.
Cevene also owns Cevene Management Group, Inc., Cevene Enterprises, LLC and Todd Cevene Alaska Asset Preservation Trust.
According to a plea agreement, Cevene failed to pay federal income taxes by transferring income from the chiropractic clinic to his other companies.
Cevene admitted to using a substantial sum of cash to pay personal expenses while falsely listing the purchases as business deductions. He also used wire transfers to cover up attempts to avoid paying taxes on more than one occasion since 2004.
From 2004 through 2006, Cevene improperly listed his income to avoid paying $91,568 in federal taxes.
Cevene was charged Dec. 14. He will be sentenced April 2.