Adams remains hospitalized pending federal tax evasion sentencing
Flower entrepreneur David M. Adams who was hospitalized two days before his scheduled Oct. 3 sentencing on federal tax evasion charges, remained hospitalized as of Thursday evening, according to his attorney.
Adams, 57, who is facing years in prison, is under a court order to appear before U.S. District Judge Vanessa L. Bryant within 24 hours of his release from Yale-New Haven Hospital.
His attorney, William T. Koch Jr., said by phone that he has been checking daily and that his client remains hospitalized. Koch said he would be updating the court as soon as he has new information.
Adams, 57, of Old Saybrook, 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 early October while a certified public accountant reviewed Adams’ finances to determine if he does in fact owe 500,000 in life insurance proceeds. She said that Adams, who was required to disclose large money transactions but had made a 6 million, according to court documents. He later opened an Internet flower business that he sold in 2006 for another 2.6 million rather than the $4.8 million the government is seeking, due to added interest and penalties.
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.