ADVERTISEMENTs
Indian origin sentenced to two years in prison for evading taxes
The authority has ordered Patel to pay approximately US$ 550,000 in restitution to the US, a fine of US$ 95,000, and ordered him to serve three years of supervised release upon completion of his prison term.
Representative image / Image: iStock
Samir Patel has been sentenced to federal prison for evading his own taxes. The 56-year-old Statesboro, Georgia resident was sentenced to two years in prison after previously pleading guilty to tax evasion, said Jill E Steinberg, US Attorney for the Southern District of Georgia. US District Court Chief Judge J.
The attorney also ordered Patel to pay approximately US$ 550,000 in restitution to the US, a fine of US$ 95,000, and ordered him to serve three years of supervised release upon completion of his prison term.
The Justice Department has said in its statement that there is no parole in the federal system.
“Much of our nation’s operating revenues are dependent on the lawful participation of citizens in the income tax system, and those who evade their responsibilities place a greater burden on everyone else. This sentence demonstrates the substantial consequences of attempting to cheat the system," US Attorney Steinberg said.
The accused was a tax return preparer at a national return preparation business. In 2015, he purchased a franchise of the business in Claxton, Georgia.
Patel wilfully filed false income tax returns and omitted over US$ 1.28 million in income, including US$ 1.18 million from S&W Amusements, a company that placed coin operated amusement machines in convenience stores and gas stations and evaded proper assessment of his personal taxes for years 2015, 2016, and 2017.
According to the sentence, he is prohibited from preparing tax returns for others or for entities in which he has no interest during his term of supervised release.
The case was investigated by IRS Criminal Investigation, prosecuted for the US by Trial Attorneys Matthew C Hicks and Richard J Hagerman of the Department of Justice Tax Division, and Assistant US Attorney John P Harper III of the Southern District of Georgia.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
.jpg)
E Paper
ADVERTISEMENT
Video
.jpg)
.png)
.png)
.png)
Comments
Start the conversation
Become a member of New India Abroad to start commenting.
Sign Up Now
Already have an account? Login