NEW YORK, NY.- The New York State Department of Taxation and Finance
today announced that Vilma Bautista, former secretary to Imelda Marcos, has been sentenced to 2 to 6 years for tax evasion and ordered to pay the State $3.5 million in taxes.
The sentencing took place today in New York Supreme Court.
In November, a Manhattan jury found Bautista, 75, of 188 East 64th Street, New York City, guilty of first-degree criminal tax fraud, fourth-degree conspiracy, and first-degree offering a false instrument for filing.
Bautista sold Claude Monet's "Le Bassin aux Nympheas" for $28 million. The piece of art is one of the artists famed paintings in his Water Lilies series.
The sale was not reported as income on Bautistas 2010 personal income tax return, and as a result she was ordered by the court to pay New York State $3.5 million in taxes on the sale.
The Tax Departments Criminal Investigations Division worked closely on the investigation and prosecution of the case with the office of Manhattan District Attorney Cyrus R. Vance, Jr.
We commend District Attorney Vance for his successful prosecution of this extraordinary case, said Commissioner of Taxation of Finance Thomas H. Mattox. We will continue to work with all levels of law enforcement to bring individuals who commit tax crimes to justice.