AP
A Canton restaurant owner has pleaded guilty to filing a false income tax return in 2005.
Prosecutors said Manubhai Patel, 67, and his wife, Ilaben Patel -- owners of Krishna Catering -- made more than $133,500 during 2005 for the Indian cuisine business but only claimed an income of $27,721 on their joint federal income tax return.
Prosecutors said Patel admitted that he knew the numbers were fudged and that his fraud cost the United States more than $20,000.
The maximum penalty for making false, fictitious, or fraudulent claims is imprisonment of not
more than three years and a $250,000 fine.
Patel is scheduled to be sentenced in January.
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19 Sep, 2012
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Source: http://www.clickondetroit.com/news/Canton-restaurant-owner-pleads-guilty-to-filing-false-tax-return/-/1719418/16659270/-/2fjgpdz/-/index.html
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