A Denver federal grand jury has indicted a Littleton man who was a consultant for start-up companies and his wife with income tax evasion and bankruptcy fraud, authorities say.
Daryl F. Yurek and Wendy M. Yurek, both 60, were indicted Wednesday and had their initial appearance Thursday before U.S. Magistrate Judge Kathleen Tafoya, according to a news release by U.S. Attorney John Walsh and Steven Osborne, an IRS supervisor.
The Yureks face penalties for various charges of up to 5 years in prison and fines of up to $250,000.
From 1999 through 2012 Daryl Yurek was a partner in Bolder Venture Partners, and Wendy Yurek was a partner from 2008 through 2012.
Daryl Yurek acted as a consultant to start-up and growing companies and provided a variety of services, including temporary management and fundraising, the news release says.
Daryl Yurek also exerted significant control over other companies, including ID Watchdog, and Veracity Credit Consultants.
In 2006, the couple sought to settle more than $678,000 in tax debt from 1999 and 2004 by offering the IRS $75,000.
The couple filed for bankruptcy in 2010, claiming that the primary reason they filed Chapter 7 bankruptcy was the $1.2 million the “that the IRS wants.”
During the time they were seeking bankruptcy they caused Veracity Credit Consultants and Bolder Venture Partners to pay their personal expenses.
In March 2006, the Yureks bought a downtown Denver loft for $1.3 million in the name of one of their sons.
In a five-year span, companies they controlled paid more than $572,000 for their loft, $116,009 for Daryl Yurek’s Pinehurst County Club dues and $115,719 in rental payments for a vacation home in Tabernash.
In 2008 and 2009, Daryl Yurek transferred shares that he held in ID Watchdog to Veracity Credit Consultants to his sons while falsely claiming to the IRS that he had not made any transfers for less than full value.
Kirk Mitchell: 303-954-1206, kmitchell@denverpost.com or @kirkmitchell or
