Marcos Daniel Jiménez, United States Attorney for the Southern Distr…

Marcos Daniel Jiménez, United States Attorney for the Southern District of Florida
and Brian Wimpling, Special Agent in Charge, Internal Revenue Service, Criminal
Investigation, announced today that Peter K. Teixeira, plead guilty to a charge of
tax evasion before United States District Judge James I. Cohn. Teixeira was charged
in the Information with one count of tax evasion, in violation of Title 26, United
States Code, Section 7201. The defendant faces to a statutory maximum penalty of
five years’ imprisonment and a $250,000 fine. Judge Cohn set sentencing in the
case for June 25, 2004.

Teixeira was charged in the Information with one count of tax evasion, in violation
of Title 26, United States Code, Section 7201. The defendant faces to a statutory
maximum penalty of five years’ imprisonment and a $250,000 fine.

Pursuant to a plea agreement in the case, Teixeira plead guilty to evading income
taxes for the year 2000 in the amount of $24,960 on unreported income of $106,207.
Under the terms of the plea agreement, Teixeira agreed that the amount of income
taxes he failed to pay for the years 1997 through 1999 would also be considered by
the court in sentencing the defendant. Teixeira further agreed to make
restitution to the Internal Revenue Service in the amount of $91,743.

Mr. Jiménez commended the investigative efforts of the Internal Revenue Service,
Criminal Investigation. The case is being prosecuted by Assistant United States
Attorney Robert N. Nicholson.