CALIF. MAN DID NOT REPORT EXTRA INCOME
Dirk Fulton, of Benicia, Calif., pleaded guilty to tax evasion. According to federal prosecutors, Fulton caused his businesses to transfer money to his personal accounts and pay for personal expenses without declaring those transfers and expenditures on his income tax form for 1999. Among the expenses was the construction of his home. Fulton knew such personal expenditures should have been reported on his personal income tax return, but he did not report them. He faces up to five years in prison.
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Tags: tax evasion
