Fugitive for 15 Years Sentenced to Five Years in Prison for Twenty Counts Related to Tax Evasion and Structuring Financial Transactions

Source: United States Department of Justice Criminal Division

Jalal Nimer Asad, 62, of Lindenhurst, Illinois, was sentenced to five years in the Bureau of Prisons and ordered to pay more than $1 million in restitution and a forfeiture judgement of more than $4 million for his role in two different but related criminal conspiracies at multiple businesses within the Central District of Illinois involving tax evasion; mail fraud; and the structuring financial transactions to avoid reporting requirements.