Internet Scammer Indicted For Fraud
SYRACUSE, NEW YORK —United States Attorney Richard S. Hartunian announced that Wei Yee Cheng, 43, of Ithaca, New York, has been sentenced following his conviction for a violation of 26 U.S.C. § 7206(1), filing a false tax return.
On January 8, 2013, the defendant pled guilty to Count 1 of single-count Information 12-CR-566, charging the defendant with willfully making and subscribing U.S. Corporation Income Tax Return Form 1120-A for taxpayer Green Olive, Inc. for the calendar year 2007, falsely declaring the amount of income of the Kyushu Japanese Restaurant, operated by Green Olive, Inc., to be $774,769.00, omitting the Kyushu’s Restaurant’s cash income of $164,545.00, all in violation of Title 26, United States Code, Section 7206(1).
The defendant was sentenced by J. Thomas McAvoy in Binghamton, NY. The defendant was sentenced to a term of probation for a period of 4 years, and was ordered to pay restitution to the Internal Revenue Service in amount of $223,327.00, an amount that reflected the tax losses from the years 2006-2010. The defendant was also ordered to perform 100 hours of community service and to pay a special assessment of $100.
This case was investigated by the Internal Revenue Service. The case is being prosecuted by Assistant U.S. Attorney Gwen Carroll. For further information, contact Executive Assistant U.S. Attorney John G. Duncan at 315-448-0672.