Brian Lee Foster, Tax Evasion, Oklahoma 2020
OKLAHOMA CITY - A former high-rolling casino executive has learned the hard way that you can't cheat on your taxes and get away with it.
Brian Lee Foster, 51, of Norman, Oklahoma, was sentenced to 12 months and 1 day in federal prison for not filing his federal income tax returns for calendar years 2012 and 2013.
Foster was the CEO and Director of Gaming for the four Lucky Star Casinos until early 2014. On October 8, 2019, Foster was charged with willful failure to file a federal tax return for calendar years 2012 and 2013.
According to court filings, Foster earned more than $2.4 million in gross income during those two years, but did not timely file federal income tax returns. On October 24, 2019, Foster pled guilty to willfully failing to file a federal tax return for 2012 and 2013.
United States Magistrate Judge Suzanne Mitchell sentenced Foster today to 12 months and 1 day in federal prison, followed by 1 year of supervised release. In addition, Foster was ordered to pay $1,047,241 in restitution to the IRS for taxes owed for 2012 through 2018.
Foster must self-surrender to federal prison on October 26, 2020. These charges are the result of an investigation conducted by the Internal Revenue Service Criminal Investigation. The case was prosecuted by Assistant U.S. Attorney Charles W. Brown.
Defendant: Brian Lee Foster
Crime: Willful failure to file a federal tax return for calendar years 2012 and 2013
City and State: Oklahoma City, Oklahoma
Date: October 26, 2020
Sentence: 12 months and 1 day in federal prison, followed by 1 year of supervised release, and ordered to pay $1,047,241 in restitution to the IRS for taxes owed for 2012 through 2018
Dollar Amounts: $2.4 million (gross income), $1,047,241 (restitution)
Key Facts
- State: Oklahoma
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →