Della Lien, 70, of Bellamy Rd. was sentenced Monday to a two year federal prison sentence for depositing and withdrawing bank funds in such a way as to avoid filing a "Currency Transaction Report" with the Internal Revenue Service.
According to a statement from U.S. Attorney's office, Lien must serve three years of supervised release following her jail term. She must also pay a fine of $30,000 and forfeit about $125,000.
The sentencing by Chief United States District Judge Alvin W. Thompson concerned the structuring by Lien of more than $400,000 in currency transactions to evade reporting requirements.
According to court documents and statements made in court, from March 2007 through June 2009, Lien made 14 cash deposits in increments ranging from $8,000 to $9,750, and totaling $125,010, into various accounts she held at Webster Bank.
This matter was investigated by the Internal Revenue Service – Criminal Investigation unit.
