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Former GlobeTel exec sentenced in tax fraud case

By Andrew Ba Tran | South Florida Sun-Sentinel
4:22 PM EDT, May 8, 2009

FORT LAUDERDALE - The 50-year-old former chief financial officer of GlobeTel Communications, a Fort Lauderdale based company, was sentenced today to three years in prison followed by a year of supervision, as well as a fine of more than $587,000 for tax fraud, officials announced.

Thomas Y. Jimenez, of Plantation, declined to report about $2.8 million in stock compensation that his company paid to him and other corporate officers, according to a release from the U.S. Attorney's Office for the Southern District of Florida.

Jimenez admitted to officials that he used a second company to sell company stock that was supposed to be used as collateral for loans, the release said.


http://www.sun-sentinel.com/news/local/breakingnews/sfl-050809-globetel-tax-fraud,0,463675.story