A man in Connecticut was recently sentenced for embezzling money from his business and failing to pay taxes. As a result of his actions, he will be spending some time behind bars. Tax crimes are not treated lightly, as is evidenced in this case.
According to a recent news report, the co-owner of an international farmer's market located in Bridgeport stood before a judge for sentencing on Thursday, Aug. 16. He was convicted for embezzling over $200,000 from his place of business over a four year period. He is also have said to have filed a false tax return and failed to pay taxes on the embezzled money.
This individual was sentenced to three months in prison. His incarceration is to be followed by house arrest for another three months and then supervised release for a minimum of one year. He also had to pay back taxes to the tune of $54,067, plus interest and fines. He has been ordered to report to prison in mid-November.
Tax crimes simply do not pay. This individual just ended up hurting himself and his business. Connecticut residents who find themselves in similar positions as this gentleman do not have to sit by and let prosecuting attorneys decide their fate. An attorney with experience handling tax crimes may prove to be a valuable asset when dealing with tax troubles. There are never any guarantees on how tax crime cases will turn out, but with legal assistance on one's side, one can fight for the best possible outcome.