February 12, 2003 - United States Attorney Patrick L. Meehan announced today the return of 2-count Indictment which charges Vladimir Roudakov, the owner of Payless Computer Source, with willfully signing and filing materially false federal income tax returns for tax years 1996 and 1997. The returns were false because, according to the Indictment, Roudakov failed to report for tax purposes, a substantial portion of money that he earned from selling computer equipment. According to the Indictment, in 1996 Roudakov earned gross sales of $907,665 from the sale of computers equipment but only reported $336,391 on his tax return. In 1997, the Indictment alleges that Roudakov earned gross sales of $530,215, but only reported $435,820.

If convicted of the charges in the Indictment, Roudakov faces a maximum of 6 years imprisonment, a fine of $200,000, a special assessment of $200 and two years of supervised release after his release from prison. This case was investigated by the Internal Revenue Service's Criminal Investigation Division.

DEFENDANT	ADDRESS	AGE [Date of Birth]
Vladimir Roudakov	145 Wellington Court Staten Island, NY.	April 1, 1960

The case has been assigned to Assistant United States Attorney Floyd J. Miller