Owner of Md. tax companies pleads guilty to fraud

WASHINGTON — The owner of various Maryland tax and financial companies admitted to defrauding a client of at least $526,000.

From 2009 to 2015, Paul Randolph Beeks Jr., 58, caused 24 wire transfers from Mid Atlantic Radiology Services LLC to bank accounts associated with Beeks’ companies, according to a statement from the Maryland district of U.S. District Attorney’s Office.

Beeks incorporated Mid Atlantic Radiology Services and did accounting, tax and financial work for the company. To hide the fraud, Beeks falsely claimed that some of these wire transfers were for management fees and bonuses.

Beeks was president of many tax and financial management companies, including PRB Tax & Accounting Services, Inc. and Elite Financial Services, LLC.

He will be required to forfeit all property involved in the fraud, including some $336,077 in money judgment. Beeks will be sentenced next year Jan. 19. He faces a maximum sentence of 20 years in prison.


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