OHIO BOOKIE FACES FEDERAL TAX CHARGES
An Ohio man faces federal charges after not reporting as income proceeds from his illegally gambling and bookmaking business.
Prosecutors filed an information against Anthony Leoni Jr. of Auburn Township, Ohio, charging him with four counts of income tax evasion.
The information alleges that, during the years 2002 through 2005, Leoni conducted a sports-bookmaking operation and wagered on sporting events, and he failed to report all his income from this activity.
Specifically, the information alleges that, during those years, Leoni reported taxable income of about $201,000 on which there were taxes due and owing of approximately $50,000. The information further alleges that Leoni failed to report additional taxable income of $528,758 and taxes due and owing of $135,661 for those years.
If convicted, Leoni’s sentence will be determined by the court after review of factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s role in the offense and the characteristics of the violation. In all cases the sentence will not exceed the statutory maximum and in most cases it will be less than the maximum.
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Tags: failing to file federal tax return
