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GAINESVILLE BUSINESSMAN INDICTED ON TAX CHARGES
GAINESVILLE
– Gregory R. Miller, United States Attorney for the Northern
District of Florida, and Andy J. Howard, Special Agent in Charge, Internal
Revenue Service Criminal Investigation Division, announced today that
a Federal Grand Jury has returned an Indictment charging Gainesville
businessman, Mark J. Spangler, the owner of the University Club of Gainesville,
Inc., with eight counts of filing false tax returns for the years 1999
to 2002.
The indictment charges Spangler with filing false returns for
the University Club, a sub-chapter S corporation, and for his personal
income by under-reporting his income for the years listed within the
indictment.
Spangler was arrested by federal agents this morning on a federal warrant based upon the charges in the Indictment. The defendant will make his initial appearance before United States Magistrate Allan Kornblum on the charges this afternoon in Gainesville. If convicted of the charges, Spangler faces a possible term of incarceration in the Federal Bureau of Prisons of up to three years and a fine of $100,000 for each count for his personal income tax returns and three years and a fine of $500,000 for each count of his corporate return.
The indictment was the result of a lengthy investigation by the criminal investigation division of the Internal Revenue Service.
An indictment is merely a formal charge that a defendant has committed a violation of federal criminal law, and every defendant is presumed innocent until, and unless, proven guilty beyond a reasonable doubt.