Georgia Bar and Restaurant Owner Sentenced to Prison for Tax Evasion
A Georgia man was sentenced today to 24 months in prison for evading taxes in connection with his ownership of multiple bars and a restaurant in Georgia, as well as beer sales at a music festival.
According to court documents and statements made in court, for the past two decades, Eugene R. Britt III, also known as Trey Britt, of Milledgeville, Georgia, engaged in a scheme to evade taxes owed to the IRS on income from bars and a restaurant he and others co-owned. Britt and others concealed their ownership interest by causing each establishment to be nominally owned by a single person. Britt and the other true owners shared in the profits generated by the establishments by skimming cash and disbursing it amongst themselves without reporting the cash as income to the IRS. Additionally, Britt used a similar organizational structure in the sale of beer at a music festival in 2015 and did not report the cash he received from the businesses or the music festival on his personal income tax returns.
In addition to the term of imprisonment, U.S. District Judge J. Randal Hall of the Southern District of Georgia ordered Britt to serve three years of supervised release and to pay a $10,000 fine and $362,250 in restitution.
Source: U.S. Department of Justice
- 187 reads
Human Rights
Ringing FOWPAL’s Peace Bell for the World:Nobel Peace Prize Laureates’ Visions and Actions
Protecting the World’s Cultural Diversity for a Sustainable Future
The Peace Bell Resonates at the 27th Eurasian Economic Summit
Declaration of World Day of the Power of Hope Endorsed by People in 158 Nations
Puppet Show I International Friendship Day 2020