Bye Bye Beach Home
By Joel Voss
June 23, 2013

Bye Bye Beach Home

Psychiatrist to Lose Multi-Million Dollar Luxury Homes?

Englewood Florida – On May 15, psychiatrist Patricia Lynn Hough was indicted in Federal court on one charge of conspiracy to defraud the United States and four charges of fraud and false statements relating to her income tax returns for several years prior to 2008. The thirty-nine page indictment alleges she and her husband failed to disclose millions of dollars of income from a Caribbean medical school they had an partial ownership of. The indictment quotes emails and phone conversations that show the manner and means of hiding transfers of the money back to the United States in order to buy an airplane, luxury homes in Florida and North Carolina and a condo. It claims they had Swiss, Caribbean and Hong Kong bank accounts.

It appears the Federal prosecutor is going after her lavish multi-million dollar Englewood home. This estate is on the Gulf of Mexico and spans all the way inland to a bay. The indictment mentions she used some of the undeclared income to pay its property taxes.

At the time the charges were filed Hough was employed at the Sarasota County Department of Health. I made a call to the personnel director there and was told she was an independent contractor being paid $60.00 an hour but has not been on duty since the indictment.

Hough and her husband are facing decades in jail if convicted.

Hough has medical licenses in Florida, Georgia, South Carolina, Massachusetts and Wisconsin and I have sent complaints to all those states.

The government’s press release can be found here: http://www.justice.gov/tax/2013/txdv13571.htm