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E-waste Recycling January 20, 2022 01:25:42 PM

Former E-Waste Recycling Firm CEO Sentenced for Tax Fraud

Paul Ploumis
ScrapMonster Author
The court order by U.S. Attorney for the Western District of Washington Nick Brown states that Jeffrey Zirkle, 58, will have to spend six months in prison.

Former E-Waste Recycling Firm CEO Sentenced for Tax Fraud

SEATTLE (Scrap Monster): Former CEO and owner of Seattle-based electronic waste recycling firm has been sentenced to a prison term by the U.S. District Court for utilising company funds to pay for personal expenses and  not reporting those transactions on his income tax returns.

The court order by U.S. Attorney for the Western District of Washington Nick Brown states that Jeffrey Zirkle, 58, will have to spend six months in prison. He was pleaded guilty in October last year for filing false tax returns. This is the second prison term for him. It must be noted that Zirkle was sentenced in 2019 to 28 months in prison on charges of defrauding clients by illegally exporting hazardous electronic waste to Hong Kong.

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The company’s new CEO had discovered that Zirkle has used the company credit cards to pay for $480,000 in personal expenses. The company had negotiated a settlement with Zirkle regarding the expenses. As part of the sentence, Zirkle was ordered to pay $125,549 in restitution to the government.

Due to pandemic concerns, the court has ordered Zirkle to begin serving his sentence in August this year. Following the prison term, he will be on 18 months of supervised release for the tax crimes.

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