A federal judge in a Pensacola court has sentenced three men to prison for their role in promoting an expansiveĀ tax and debt-elimination scheme, the U.S. Department of Justice announced Monday.
The sentences were the result of a month-long federal trial in March ofĀ several people linked to schemes involving Pinnacle Quest International, which served as anĀ āumbrella company for numerous vendors of tax and credit card eliminationĀ scams,ā according to aĀ Justice Department press release.
A judgeĀ sentenced two found guilty at trial: Eugene Casternovia to 7 years in prison, Arthur Merino to 3 years and 4 months in prison. A third man, Mark Lyon, who cooperated with the government and testified at trial, was sentenced to 18 months in prison. Four others convicted in the case received prison time ranging from 5 to 12 years,Ā while three others are to be sentenced in October.
Federal authorities say Casternovia, Merino, Lyon and others sold ābogus theories and strategies for tax evasionā and āfraudulent schemes for eliminating credit card debt.ā They charged customers thousands for useless debt-elimination plans that often led their clients into lawsuits and bankruptcy.