William E. Flynn

CourtUnited States Tax Court
DecidedApril 13, 2021
Docket15975-14
StatusUnpublished

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Bluebook
William E. Flynn, (tax 2021).

Opinion

T.C. Memo. 2021-43

UNITED STATES TAX COURT

WILLIAM E. FLYNN, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Docket No. 15975-14. Filed April 13, 2021.

William E. Flynn, pro se.

Laurie B. Downs and Mark J. Miller, for respondent.

MEMORANDUM FINDINGS OF FACT AND OPINION

PARIS, Judge: Respondent determined deficiencies and additions to tax in

petitioner’s Federal income tax as follows:

Additions to tax Year Deficiency Sec. 6651(f) Sec. 6651(a)(2) Sec. 6654 1999 $140,968 $102,201.80 $35,242.00 $6,770.28

Served 04/13/21 -2-

[*2] 2000 59,771 43,333.98 14,942.75 3,214.77 2001 32,918 23,865.55 8,229.50 1,315.53

Respondent’s answer asserts in the alternative that to the extent the Court

determines that petitioner is not liable for the additions to tax under section

6651(f),1 he is liable for additions to tax under section 6651(a)(1) for 1999, 2000,

and 2001.

The issues for decision are whether petitioner: (1) failed to report gambling

income of $1,800, $3,745, and $20,000 for 1999, 2000, and 2001, respectively;

(2) failed to report other income of $413,850, $200,941, and $113,836 for 1999,

2000, and 2001, respectively; (3) is liable for additions to tax for fraudulent failure

to file under section 6651(f) for 1999 through 2001, or in the alternative for

additions to tax for failure to file under section 6651(a)(1); (4) is liable for

additions to tax for failure to timely pay under section 6651(a)(2) for 1999 through

2001; and (5) is liable for additions to tax for failure to pay estimated tax under

section 6654 for 1999 through 2001.

1 Unless otherwise indicated, all section references are to the Internal Revenue Code in effect for the years in issue, and all Rule references are to the Tax Court Rules of Practice and Procedure. -3-

[*3] FINDINGS OF FACT

Some of the facts were deemed stipulated under Rule 91(f) and are so

found.2 The deemed stipulated facts and the exhibits attached thereto are

incorporated herein by this reference. Additionally, some of the facts have been

stipulated and are so found. The first stipulation of facts, the first supplemental

stipulation of facts, the second supplemental stipulation of facts and the exhibits

attached thereto, and the admitted exhibits are incorporated herein by this

reference. Petitioner resided in Wisconsin when he timely filed his petition.

The Underlying Criminal Conspiracy Prosecution

1. Access Financial

In or about 1998 Janet Mavis Marcusse and others organized Access

Financial Group (Access), which they operated and promoted as an investment

business. Petitioner began working for Access in 1999 after he met Marcusse and

the others. Petitioner was included with the others in a Federal conspiracy

investigation. From 1999 until approximately December 2001 petitioner worked

to promote Access and managed a group of investors from northern Wisconsin.

2 By order dated March 29, 2017, after the Court’s hearing on the order to show cause under Rule 91(f), the Court deemed stipulated facts and evidence from the proposed stipulation of facts and made them part of the record. -4-

[*4] From 1999 until April 2001 Access operated out of the basement of the

residence of two of Access’ managers.

Petitioner and his fellow conspirators at Access represented that Access was

a successful investment organization with a history of returning large profits to

clients. They promoted Access’ connections to little-known, high-yield

investment opportunities in world markets that were not available to the general

public. Petitioner and his co-conspirators further represented to investors that

their principal would be kept in guaranteed accounts in a major world bank and

would not be at risk. Access claimed to operate as a tax-free church despite

having had no churchlike organization, no building, no worship services, and no

activities of a religious nature. Petitioner and his co-conspirators told investors

that their returns on their investments would be nontaxable if they purchased a

“church sub-chapter” package from Access. Many of the investors Access

attracted were retirees who transferred their entire retirement accounts to Access

on the representation that Access was eligible to receive the funds in those

accounts as nontaxable rollovers and that the investors’ profits would be tax free.

Investors were required to sign a nondisclosure and confidentiality

agreement before receiving details of the investment. Access sent potential

investors a “prospectus” that described the markets in which Access invested and -5-

[*5] stated that these alleged markets were recognized and regulated by the U.S.

Government, the Federal Reserve, and the International Chamber of Commerce.

Investors were told that they would receive monthly “profit” payments and a

return of as much as 20% on their principal. Access cautioned investors that they

would be “thrown out” of the program if they talked about it to their accountants

or the authorities.

Between 1998 and 2001 Access received approximately $20.7 million from

approximately 577 investors. However, by May 2001 most of this money was no

longer in the business, and Access began to default on its monthly “profit”

payments to investors. Through 2001 and into 2002 Access represented to

investors, orally and in newsletters, that these payment delays were temporary and

that Access was continuing to invest their funds successfully. When some

investors demanded that Access return their principal, they were told they were

being “thrown out” of the program. In December 2001 Access closed its office,

leaving investors with no information and no money.

2. Federal Investigation

In or about late 2001 the Federal Government initiated a criminal

investigation into Access and its participants in the Western District of Michigan.

Petitioner and Marcusse were subpoenaed by the grand jury; but they claimed the -6-

[*6] grand jury had no jurisdiction to subpoena them, and they challenged the

validity of Federal income tax laws. The Federal grand jury determined that, of

the approximately $20.7 million in investors’ funds received by Access,

approximately $8.4 million was used to make monthly payments purported to be

investment profits to existing investors. Marcusse and her co-conspirators

diverted approximately $4.8 million for their personal use, and they further

dissipated approximately $7.3 million in other transfers and payments.

On July 29, 2004, a Federal grand jury sitting in the Western District of

Michigan returned a 40-count indictment charging petitioner and seven

codefendants with mail fraud and conspiracy to commit mail fraud. On October

27, 2004, the grand jury returned an 83-count superseding indictment charging

petitioner and the codefendants with mail fraud, conspiracy to commit mail fraud,

money laundering, conspiracy to commit money laundering, and conspiracy to

defraud the United States. The superseding indictment also included a count

charging petitioner and each codefendant with criminal forfeiture of $10 million.

Three of petitioner’s codefendants pleaded guilty before trial.

On June 14, 2005, following a five-week trial in the U.S. District Court for

the Western District of Michigan, a jury returned a guilty verdict on all counts

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