Chicago Businessman Sentenced for Failing to File Tax Returns | WPN World People News

A prominent Chicago businessman was sentenced to serve six months in prison and six months home confinement, to be followed by one year supervised release and ordered to cooperate in paying taxes owed to the Internal Revenue Service (IRS) for willfully failing to file federal individual income tax returns, announced the Justice Department.

On June 12, a criminal information filed in the U.S. District Court for the Northern District of Illinois in Chicago alleged that Jamie Viteri had willfully failed to file individual income tax returns for tax years 2007, 2008 and 2009. According to the plea agreement, Viteri earned substantial income that he did not report to the IRS from a company and a state agency. Viteri’s gross income exceeded $270,000 in 2008 and $290,000 in 2009. He was the president and chief executive officer of Viteri Inc., doing business as Chicago Latino Network (CLN), a solely owned media company focused on the Latino community in Chicago. Viteri was also an employee and managing director of the Bureau of Entrepreneurship and Small Business at the Department of Commerce and Economic Opportunity, an Illinois state government agency.

Source: U.S. Department of Justice