CHICAGO (AP) — A Chicago bar owner who deliberately under-reported $321,300 in income saying confidently that the Internal Revenue Service had “bigger fish to fry” has been sentenced to a year and a day in federal prison.
Timothy Juliusson must report to prison May 24 to start serving the sentence U.S. District Judge Robert M. Dow imposed Tuesday.
Juliusson pleaded guilty to filing a false tax return. Federal prosecutors said Juliusson told them he thought he could get away with cheating the government because the IRS had “bigger fish to fry” and would overlook him.
Juliusson admitted that he maintained two sets of books and records, including bogus documents he submitted to his tax preparer.
Read the original article from WBBM News Radio.
Distributed via Chicago Press Release Services