A Denver man pleaded guilty to filing a false tax return as part of an illegal sports betting business.
Daniel Dinner, 61, pleaded guilty to one count of filing a false income tax return.
According to court records, from 2005 through 2009, Dinner ran an illegal sports betting business.
In March 2011, IRS agents recovered approximately $1.2 million in cash from Dinner’s properties and safe deposit boxes. The money came from both legitimate and illegitimate sources. Dinner owned two homes worth more than $1 million combined.
During 2005 through 2009, Dinner filed tax returns reporting some legitimate income from an agricultural business owned by a family trust, but he also made money from his illegal sports betting business, which he did not report on his tax returns.
He signed and filed tax returns under for each of these years. For every year, he reported less income than he actually made.
The total tax loss to the government is $165,193, which Dinner has agreed to pay to the IRS as part of his plea agreement.
More Tax Help, IRS News and Tax Relief Tips:
- $1 Million Tax Evasion by Owner of Cinemas
- Tax Professionals Can Help Settle IRS Back Taxes, A Better Choice Than Tax Evasion
- For Filing False Tax Return, A Possible Year in Prison
- Tax Evasion by Kentucky Businessman Who Hid Assets from IRS
- False Tax Claim Gets Man 4 Years in Prison