Bernard Parker—Income Tax Evasion, Securities Fraud

Bernard Parker Allegedly Mired in a $1.2 Million Securities Fraud Case Compounded with New Charges of Tax Evasion

Bernard Parker, from 2008 to 2014, allegedly defrauded investors out of more than $1.2 million from 2008 to 2014, according to reports from the U.S. Attorney for Western Pennsylvania currently being reviewed by attorneys Alan Rosca and Joe Peiffer.

Bernard Parker, 55 and of Indiana, is also facing charges that he allegedly falsified his personal U.S. income tax returns for 2010 through 2013, purportedly leaving out more than $790,000 of income, according to U.S. Attorney David Hickton.

The Peiffer Rosca Wolf securities lawyers are currently investigating Bernard Parker’s alleged $1.2 million investment scheme.

Bernard Parker, through his Business Parket Financial Services, Allegedly Sold Tax Lien Certificates and Assorted other Investments to 22 Clients, Purportedly Using Funds for Personal Use

Bernard Parker, through his business Parker Financial Services, allegedly sold tax lien certificates and various other investments to 22 clients, and purportedly used the cash for personal use, including mortgage payments and for home improvements, shopping, dining and cash expenses, according to reports from the U.S. Attorney for Western Pennsylvania presently being examined by attorneys Alan Rosca and Joe Peiffer.

Furthermore, Parker also allegedly declared no “other income” on his Tax Return Form 1040 for 2010 when he had $141,061.75, and also reportedly failed to list $231,432.57 of other income for 2011, $250,423.47 for 2012, and $167,498.25 for 2013, the U.S. Attorney for Western Pennsylvania reports.

Finally, Parker also allegedly executed an act of mail fraud, wherein he purportedly took a payment of $5,000 through the mail from a person, known only as “Investor A”, according to the U.S. government.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged securities fraud and are currently investigating Bernard Parker’s alleged scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Bernard Parker’s alleged scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1247 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.