Floridian Sentenced To Prison, Fined For Filing False Income Taxes
JOHNSTOWN, Pa. - A resident of Palm Beach Fla., has been sentenced in federal court to six months in prison, one year supervised release and a fine of $50,000 on his conviction of filing false income tax returns, United States Attorney David J. Hickton announced today.
United States District Judge Kim R. Gibson imposed the sentence on Robert Paltrow.
According to information presented to the court, Paltrow filed two individual income tax returns for the calendar years 2007 and 2008, whereby he failed to report $4,787,222 in taxable income, resulting in an underpayment of $798,969 in income tax owed to the United States.
Assistant United States Attorney John J. Valkovci, Jr., prosecuted this case on behalf of the government.
U.S. Attorney Hickton commended the Internal Revenue Service-Criminal Investigation for the investigation leading to the successful prosecution of Paltrow.