In a news release, the Department of Justice reported that Terry L. Gerber, 48, of Pleasant Hill, Missouri, was sentenced by U.S. District Judge Ortrie D. Smith to two years and six months in federal prison without parole for tax evasion.1

Gerber admitted his attempt to evade his 2001 income tax by failing to file his 2001 income tax return, and by utilizing domestic and foreign trusts to conceal and disguise income and assets. Gerber received taxable income of approximately $334,465 ... Log in to view full article.