Centre County Man Pleads Guilty To Tax Evasion

HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Jeremy Snyder, age 43, of Centre County, pleaded guilty on July 23, 2019, before U.S. District Court Judge Matthew W. Brann to tax evasion.    

According to U.S. Attorney David J. Freed, Snyder failed to report over $674,000 in money he had obtained from his employer, Number One Cycle Center in Center Hall, Pennsylvania, between the years 2011 and 2016.  The unreported income resulted in over $211,000 in unpaid taxes.    

The matter was investigated by the Internal Revenue Service, Criminal Investigation.  Assistant U.S. Attorney Scott R. Ford is prosecuting the case.   

Indictments are only allegations. All persons charged are presumed to be innocent unless and until found guilty in court.

A sentence following a finding of guilt is imposed by the Judge after consideration of the applicable federal sentencing statutes and the Federal Sentencing Guidelines.

The maximum penalty for this offense is up to five years in prison, a term of supervised release following imprisonment, and a fine.  Under the Federal Sentencing Guidelines, the Judge is also required to consider and weigh a number of factors, including the nature, circumstances and seriousness of the offense; the history and characteristics of the defendant; and the need to punish the defendant, protect the public and provide for the defendant's educational, vocational and medical needs. For these reasons, the statutory maximum penalty for the offense is not an accurate indicator of the potential sentence for a specific defendant.

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