ORLANDO, Fla. (WFLA) — A Florida furnishings retailer proprietor was sentenced to 30 months in jail for evading greater than $5.5 million in taxes, curiosity, and penalties that he owed the IRS, the USA Legal professional’s Workplace Center District of Florida introduced Wednesday.
Courtroom paperwork confirmed that David Fletcher, the proprietor and operator of Deltona furnishings liquidation companies, together with Century Liquidators, did not file his federal earnings tax returns or pay the taxes he owed for practically 10 years.
An IRS audit decided a complete of $1.7 million in taxes, curiosity, and penalties towards him.
“To evade assortment of those taxes, Fletcher hid his earnings and property from the IRS. For instance, Fletcher used nominees to cover his purchases of luxurious automobiles, together with Rolls Royces. Fletcher additionally filed false earnings tax returns that understated his earnings by a number of million {dollars}, and when an IRS particular agent interviewed him, Fletcher falsely represented the quantity of earnings he earned,” the lawyer’s workplace mentioned in a information launch.
A choose ordered Fletcher to additionally serve three years of supervised launch and to pay roughly $7,112,689 in restitution to the USA.
