The former head of a body armor company convicted of securities fraud and other charges in a $185 million stock scheme has pleaded guilty to tax charges. David Brooks, 56, entered the plea yesterday before Eastern District Judge Joanna Seybert in Central Islip. Mr. Brooks’ defense attorney, Gerald Shargel, said Mr. Brooks pleaded guilty to one count of conspiracy to defraud the United States and two counts of filing a false tax return. He failed to report $189,400 in dividend and interest payments in 2003 and $762,500 in compensation in 2004, the government said. The case is United States v. Brooks, 2:06-cr-00550.
Mr. Brooks has been held without bail since January 2010. He is expected to receive a sentence of time served in the tax case. He also is awaiting sentencing on last year’s conviction and faces 30 years to life, although Mr. Shargel said he is seeking a new trial.