Tax Fraudster Sentenced To Prison
PHILADELPHIA – Today, defendant Ronald Allen, 61, of Lansdale, was sentenced to 18 months imprisonment, which he was ordered by U.S. District Court Judge Paul S. Diamond to start serving immediately, and further ordered to pay a $120,000 fine.
The defendant pleaded guilty to an Information charging one count of subscribing a false income tax return. The evidence showed that for the years 2008 through 2012, the gross receipts that the defendant reported in his corporate income tax returns were understated by the following amounts: $150,000, $150,000, $256,248, $351,416, and $307,666. During those same years, the defendant understated the net profits that he reported in his individual returns by precisely the same amounts. Between the years 2008 and 2012, the defendant saved approximately $248,328 in unpaid taxes and collected approximately $36,863 in undeserved tax refunds.
The case was investigated by the IRS-Criminal Investigations, and is being prosecuted by Assistant United States Attorney Kevin Brenner.