Flower entrepreneur’s tax evasion sentencing delayed due to hospitalization

October 3, 2018

Flower entrepreneur David M. Adams was due in federal court Wednesday for sentencing in a tax evasion case, but was unable to appear because he was in the intensive care unit at Yale-New Haven Hospital, according to his attorneys.  

Adams, 57, of Old Saybrook faces years or even decades in prison when he appears before U.S. District Judge Vanessa L. Bryant for sentencing. He pleaded guilty in October 2017 to two counts of tax evasion, three counts of making and subscribing a false tax return and one count of attempting to interfere with the administration of Internal Revenue Service laws.

The sentencing initially was scheduled for January, postponed to March and then marked over until Wednesday as a certified public accountant reviewed Adams’ finances to determine if he does in fact owe 500,000 in life insurance proceeds, ordered him to appear within 24 hours of his release from the hospital.

The sentencing may not even occur that day, depending on what the judge learns about Adams’ medical condition, but the prosecutor, Assistant U.S. Attorney Susan L. Wines, will argue that Adams’ bond should be revoked based on Adams’ failure to disclose the bank account and a 10,000 to his probation officer, the prosecution learned late last week that he had used about 2.6 million rather than the 6 million, according to court documents. He later opened an Internet flower business that he sold in 2006 for another $6 million gain. He also had an interest in the leases on the businesses at the Saybrook Junction marketplace on Boston Post Road.

In fashioning the sentence, the judge will consider sentencing guidelines estimated in one court document at 53 to 61 months in prison based on several factors, including the offenses and Adams’ prior convictions. His attorneys will argue for a sentence of 46 months, which is below the guidelines.

According to court records, Adams avoided imprisonment in 1986, when he was  convicted of using his flower business to submit hundreds of fraudulent credit card sales online, and in 1992, when he was convicted of willful failure to file tax returns for 1984 and 1985.

His attorneys have requested that following his sentencing, Adams be allowed to turn himself in, or “self surrender,” to a federal prison after taking care of family issues. The government objects.


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