Chipley “Sovereign Citizen” Convicted At Trial Of $3.4 Million Tax Fraud Scheme, Filing A False Lien, And Absconding While On Bond
Tampa, FL – U.S. District Judge James D. Whittemore today sentenced Guy R. Paul to three years in federal prison for engaging in the preparation of false tax returns and for failing to report income he had earned from his tax preparation business. The Court ordered him to pay restitution in the amount of $217,246 to the Internal Revenue Service. He is also permanently barred from preparing tax returns for others.
Paul was indicted on December 28, 2013, and pleaded guilty on April 14, 2015.
According to court documents, between 2008 and April 2013, Paul owned and operated G7 Financial Enterprises, a tax preparation company located in Bradenton. The company also provided additional services, including check cashing, money transfers, and real estate sales. At G7, Paul prepared and filed false and fraudulent tax returns for others. He added false information to his client’s tax returns in order to fraudulently increase the amount of the tax refund. In exchange for his tax preparation services, he charged and collected tax preparation fees. Paul then failed to report the income he had earned on his personal tax returns.
This case was investigated by the Internal Revenue Service – Criminal Investigation and the Palmetto Police Department. It was prosecuted by Assistant United States Attorney Kelley Howard-Allen.