Photo: Getty Images
SANTA ANA (CNS) - A customs broker indicted by a federal grand jury for tax evasion and what prosecutors allege was a $3.4 million wire fraud scheme surrendered to authorities today.
Frank Seung Noah, 59, of Corona, was indicted Wednesday with a count of tax evasion and three counts of wire fraud. He is accused of evading $1.5 million in taxes, cheating the Japanese variety store Daiso through an overbilling scheme on customs duties.
Noah owned Comis International Inc., a logistics and supply-chain company headquartered in Cerritos. Comis was a customs import broker for the national Daiso chain from 2007 through 2019.
Noah is accused of inflating customs import duty fees he allegedly paid while billing Daiso from March 2016 through February 2019, the indictment alleges.
He is also accused of cheating on his taxes in 2008, 2009 and 2010, making partial payments for what he owed while using his income to make large payments on mortgages he put in the name of his girlfriend for properties in Corona and Rancho Mirage, prosecutors said.
Noah is accused of transferring the money to his girlfriend's bank account to pay the mortgage on his Corona home, prosecutors said. In September 2017, after he sold property in Carson for about $147,148, he cut a check to his girlfriend for $120,000, the indictment alleges.