Court upholds Rapid City surgeon's tax evasion conviction
RAPID CITY (AP) — A federal appeals court has upheld the conviction of a former Rapid City surgeon convicted of trying to cheat the government out of more than $1 million in taxes.
Fifty-six-year-old Edward Picardi, of Sturgis, was accused of sending millions of dollars of income out of the country and filtering the money through offshore accounts to avoid paying taxes.
A jury in 2012 convicted Picardi on 13 felony counts after a three-week trial and he was sentenced in May to five years in federal prison.
His medical license was also revoked.
The Internal Revenue Service filed a civil case against him for $3.7 million in back taxes and penalties.