Tax Fraud
In 1993, Stew Leonard Sr. was convicted of committing tax fraud through an elaborate scheme including short-weighting to divert more than $17 million in cash register receipts over a ten-year period. He was sentenced to 52-months in jail. Court documents indicated that Stew Leonard Jr. played a role in the tax fraud. However, in the interest of protecting his son and the store, Stew Leonard Sr. pleaded guilty in exchange for an agreement from the prosecutors to not bring charges against Stew Leonard Jr.
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Famous quotes containing the words tax and/or fraud:
“But the tax collector, standing far off, would not even look up to heaven, but was beating his breast and saying, ‘God, be merciful to me, a sinner!’”
—Bible: New Testament, Luke 18:13.
“Things gained through unjust fraud are never secure.”
—Sophocles (497–406/5 B.C.)