Hopkins man sentenced for tax avoidance
Daniel Berglund of Hopkins has been sentenced to 27 months in prison for tax evasion.
Acting U.S. Attorney Charles Kovats says that Berglund will also have to pay $336,040 in restitution and serve three years of supervised release after his prison term ends.
According to a news release from the Department of Justice, Berglund had failed to file income tax returns since 1997 despite earning a “substantial income” as the owner and operator of Faith Software. Berglund also “never once filed a corporate tax return of any kind on behalf of Faith.”
Authorities say that Berglund was aware of his tax obligations, and took numerous steps to hide his income including providing clients with fake Tax Identification Numbers and converting his income to silver that he hid in his home.
Berglund was convicted in Oct. 2021 on four counts of tax evasion.