REDDING MAN PLEADS GUILTY TO FEDERAL TAX CHARGE
David B. Fein, United States Attorney for the District of Connecticut, announced that DAVID BOHN, 46, of Redding, waived his right to indictment and pleaded guilty yesterday, August 15, before Senior United States District Judge Ellen Bree Burns in New Haven to one count of filing a false federal tax return.
According to court documents and statements made in court, BOHN is the President of Danbury-based Preferred Utilities Manufacturing Corporation (“PUMC”). Between 2004 and 2007, BOHN caused PUMC to pay for personal expenditures for him and his family. As President, BOHN categorized these personal expenditures as legitimate PUMC business expenditures, and he also failed to report the personal benefit he received on his individual federal tax returns.
For the 2004 through 2007 tax years, BOHN failed to report a total of $228,959.45 in income, resulting in a tax loss of $75,899 to the Internal Revenue Service.
Judge Burns has scheduled sentencing for November 3, 2011, at which time BOHN faces a maximum term of imprisonment of three years and a fine of up to $100,000. BOHN also is required to pay back taxes, as well as penalties and interest, to the IRS.
BOHN also has agreed to the appointment of an independent auditor who will perform, at BOHN’s expense, annual audits of PUMC’s credit card expenditures and BOHN’s personal income tax filings.
This matter was investigated by the Internal Revenue Service – Criminal Investigation. The case is being prosecuted by Assistant United States Attorney Rahul Kale.
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