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NEW YORK MAN TERENCE TAYLOR SENTENCED FOR FAILURE TO FILE TAX RETURN

Richard S. Hartunian, United States Attorney for the Northern District of New York,  makes the following announcement:

Terence Taylor, 44, who resides in Ithaca, NY, was sentenced today in United States
District Court in connection with his previously entered plea of guilty to failing to file a tax return for tax year 2007. United States Magistrate Judge George H. Lowe sentenced Taylor to two (2) years probation, and ordered Taylor to pay taxes due to the Internal Revenue Service in the amount of $751,410.00. In addition, Taylor was ordered to perform 200 hours of community service.

In his plea entered on October 3, 2011, Taylor admitted he failed to file tax returns for the years 2004 through 2008, and was responsible to the Internal Revenue Service for more than $800,000 in back taxes for those years. Taylor was self employed as a financial consultant during the years 2004 through 2008.

Short URL: http://www.wallstreetswindler.com/?p=28258

Posted by on Feb 9 2012. Filed under Fraud, Tax Fraud. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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