Chen Hing Yeung Press Release (Sentencing)

October 30, 2009
For Immediate Release

AREA RESTAURANT OWNER SENTENCED ON TAX CHARGES

St. Louis, MO: The owner of an East St. Louis restaurant was sentenced to one year and a day in prison and a fine of $10,000 for filing false tax returns, Acting United States Attorney Michael W. Reap and Acting Special Agent in Charge C. Steve Howard of the Internal Revenue Service announced today.

"Prosecuting individuals who intentionally conceal income and evade taxes is a vital element in maintaining public confidence in our tax system," said C. Steve Howard, Acting Special Agent in Charge of IRS-Criminal Investigation.

According to court documents, Chen Hing Yeung filed false tax returns for 2002, 2003, 2004 and 2005. Yeung under reported the income he received from the operation of Young’s Chop Suey Restaurant, located in East St. Louis, Illinois.

Yeung was aware that he was under reporting his income when he provided income figures to his tax return preparer. When he was interviewed by IRS agents, he stated that his business earned approximately $800 per day. However, the income figures he provided to his return preparer averaged less than $250 per day. Yeung admitted with his plea that for calendar year 2003 he reported that the sales from Young’s Chop Suey Restaurant were $73,592, when he knew that they were $268,080. As a result of Yeung’s under reporting of his income, he owes additional tax to the Internal Revenue Service for the years 2002-2005 of approximately $190,656.

CHEN HING YEUNG, Maryland Heights, Missouri, plead guilty in August to one felony count of filing false tax returns and appeared today for sentencing before United States District Judge Jean C. Hamilton.

Reap commended the work performed on the case by Internal Revenue Service-Criminal Investigation Division and Assistant United States Attorney Rosemary C. Meyers, who handled the case for the U.S. Attorney’s Office.

UNITED STATES ATTORNEY'S OFFICE EASTERN DISTRICT OF MISSOURI MICHAEL W. REAP Acting United States Attorney	NEWS RELEASE
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October 30, 2009 For Immediate Release AREA RESTAURANT OWNER SENTENCED ON TAX CHARGES St. Louis, MO: The owner of an East St. Louis restaurant was sentenced to one year and a day in prison and a fine of $10,000 for filing false tax returns, Acting United States Attorney Michael W. Reap and Acting Special Agent in Charge C. Steve Howard of the Internal Revenue Service announced today. "Prosecuting individuals who intentionally conceal income and evade taxes is a vital element in maintaining public confidence in our tax system," said C. Steve Howard, Acting Special Agent in Charge of IRS-Criminal Investigation. According to court documents, Chen Hing Yeung filed false tax returns for 2002, 2003, 2004 and 2005. Yeung under reported the income he received from the operation of Young’s Chop Suey Restaurant, located in East St. Louis, Illinois. Yeung was aware that he was under reporting his income when he provided income figures to his tax return preparer. When he was interviewed by IRS agents, he stated that his business earned approximately $800 per day. However, the income figures he provided to his return preparer averaged less than $250 per day. Yeung admitted with his plea that for calendar year 2003 he reported that the sales from Young’s Chop Suey Restaurant were $73,592, when he knew that they were $268,080. As a result of Yeung’s under reporting of his income, he owes additional tax to the Internal Revenue Service for the years 2002-2005 of approximately $190,656. CHEN HING YEUNG, Maryland Heights, Missouri, plead guilty in August to one felony count of filing false tax returns and appeared today for sentencing before United States District Judge Jean C. Hamilton. Reap commended the work performed on the case by Internal Revenue Service-Criminal Investigation Division and Assistant United States Attorney Rosemary C. Meyers, who handled the case for the U.S. Attorney’s Office.