Bonds amounts were reduced at the recent arraignments of a Taos couple accused of tax evasion, tax fraud, conspiracy and money laundering, charges that stemmed from a multi-agency cocaine distribution drug raid in May.
Taos State District Court Judge Sarah Backus reduced the bond for Angela Adame, 56, from a $250,000 surety bond to $100,000 surety or 10 percent at Adame’s arraignment on Monday, said John Day, her Santa Fe defense attorney.
Judge Jeff McElroy reduced the bond for Ismael Adame at an Aug. 4, hearing from $250,000 surety or 10 percent to a appearance bond where a signature assures the court that the defendant will appear, said Ismael Adame’s attorney, Todd Coberly of Santa Fe.
The Adames were indicted by a Taos County Grand Jury in July on multiple counts alleging that Ismael Adame, 56, was the kingpin in a multi-state cocaine distribution ring. The Adames own In and Out Plumbing in Taos. Twenty-one people were rounded-up in the May arrests. Daughter Jessica Gomez-Adame, 31, was also indicted on multiple counts.
A warrant affidavit for the arrest of Angela Adame alleged that In and Out Plumbing under reported hundreds of thousands of dollars in gross revenue, according to the news release from state Taxation and Revenue. After subtracting expenses for salaries, materials, vehicles and other costs, the DEA agent who wrote the affidavit suggested the business should have been operating at a “substantial loss.” But the couple did not report a loss on their state tax returns, according the affidavit.