Stew Leonard's - Tax Fraud

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.

Read more about this topic:  Stew Leonard's

Famous quotes containing the words tax and/or fraud:

    Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.
    —Sébastien-Roch Nicolas De Chamfort (1741–1794)

    The disfranchisement of a single legal elector by fraud or intimidation is a crime too grave to be regarded lightly.
    Benjamin Harrison (1833–1901)