ALBANY, Ga. -- A former Albany doctor convicted last week of tax evasion and structuring deposits was released on a $100,000 bond Monday pending his sentencing hearing.
Court officials have yet to set a sentencing date on Robert Sperrazza, M.D., but until they do, he's been ordered released by U.S. Magistrate Thomas Langstaff on a $100,000 secured bond.
During a hearing Monday, Sperrazza offered to sign over two deeds of trust to the federal government for property that he contends is appraised around $300,000.
The bond issued Monday is in addition to a $20,000 bond that was set when Sperrazza was charged and is meant to allow him freedom until his sentencing hearing.
Sperrazza, who was a local anesthesiologist at Palmyra Medical Centers before creating his own private practice, now lives in Florida. He is currently under suspension by the Florida Medical Board and is not practicing medicine.
At trial, the U.S. Attorney's evidence, which was collected by the FBI and the IRS, demonstrated that Sperrazza personally cashed more than $1 million in patient checks at the counter of a local bank in Albany. According to the Justice Department, cash transactions were always in amounts of less than $10,000 for the purpose of evading the bank's federal reporting requirements and for the purpose of furthering his tax avoidance scheme.
Sperrazza was found guilty on all five counts.
Addition to his federal conviction, he pleaded guilty to misdemeanor counts related to improper possession of prescription drugs in Dougherty Superior Court in 2012 in which he was sentenced to 12 months probation.