Newburgh, NY man pleads guilty to filing a false tax return

May 7th, 2010 - 5:04 am ICT by BNO News  

HARTFORD, CONNECTICUT (BNO NEWS) – A Newburgh, New York man pleaded guilty on Thursday to one count of making and subscribing a false tax return, prosecutors announced.

Michael Harrison, 52, a former resident of Weston, Connecticut, was employed at Danone Waters of North America until October 2002. In July 2004, Harrison files a false federal tax return for the tax year 2002.

He failed to report $514,727 in income received from Danone Waters through an entity controlled by Harrison named Retained Attorney Partners, LLC. This omission resulted in approximately $204,000 in tax loss to the Government.

Harrison faces a maximum penalty of three years in prison and a fine of up to $770,000. The defendant will also have to pay back taxes and interest of around $385,000. His sentence was set for July 23.

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