Peoria Businessman to Serve Two Years in Prison for Filing False Business Tax Returns

[vc_row][vc_column][vc_column_text]A former Peoria businessman who owned and operated a liquor store, as well as other businesses, has been sentenced to 24 months in prison for filing false corporate tax returns that under-reported the business’s earnings.

The business owner pleaded guilty to filing a false corporate tax return in 2014, and as part of his plea, he agreed to pay restitution to the IRS for tax years 2013-2015, for which he had approximately $1 million in unreported gross sales.  In addition to the prison sentence, the business owner was ordered to pay restitution to the IRS in the amount of $176,196 and was fined $15,000.[/vc_column_text][us_image image=”1723″][/vc_column][/vc_row]