36.5Million Fine for FRAUD!

Philippines
March 17, 2007 8:27pm CST
A 60-year old ready to retire fil-am guy committed tax fraud in Chicago. He is now facing 9 year-imprisonment and $750,000 OR 36.5Million Pesos. He, together with his brother, adjusted their gross income statement by subtracting certain expenses like medical expenses, charitable contributions, personal interest on mortgage loans, state and local taxes and unimbersed employee business expenses. FRAUD IS REALLY TEMPTING RIGHT? may this be a lesson for the aspiring cheaters..:)
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