© D.L. Crumbley
Non-Tax Net Worth Use
In a narcotics conspiracy trial, defendant argued that the expert auditor should have to followed the net worth method to prove that defendant’s wealth is disproportionate to his reported income.
Holland need not be followed in non-tax cases. Unlike tax prosecutions, narcotics conspiracy charges do not involve financial gain as necessary elements of offense, so less stringent standards are allowable.
U.S. v. Cuervo, No. 02-2898 (CA-8, 2004).