Florida Man Overstates His Earnings, Sentenced to Prison

[vc_row][vc_column][vc_column_text]A Florida man pleaded guilty in Florida to filing a false tax return.

For the 2014 tax year Mark Goolsby falsely claimed that he had earned over a million dollars in 1099-MISC income and had paid more than $800,000 in federal withholding taxes. The IRS processed the return and issued Goolsby a refund check for over $400,000.

Not long after sending the check the IRS realized their mistake and began collection proceedings to get the money back. Goolsby refused to return the money and took great lengths to hide the funds from the IRS. He opened multiple bank accounts, purchased a car in someone else’s name, withdrew large amounts of cash and continued to live a lavish lifestyle.

Goolsby was sentenced to 24 months in prison and ordered to pay $420,288 in restitution to the IRS.[/vc_column_text][us_image image=”1935″][/vc_column][/vc_row]