David Albert Fletcher, Tax Evasion, Florida 2024

A Florida businessman has been sentenced to a significant term in prison after being found guilty of tax evasion. David Albert Fletcher, of Deltona, was sentenced to 30 months in prison for evading more than $5.5 million in taxes, interest, and penalties that he owed the IRS.

Fletcher, who owned and operated furniture liquidations businesses, including Century Liquidators, did not timely file his federal income tax returns or pay the taxes he owed for tax years 2004 through 2013, according to court documents and statements made in court. After an audit, the IRS assessed a total of $1.7 million in taxes, interest, and penalties against him.

To evade collection of these taxes, Fletcher concealed his income and assets from the IRS. For example, he used nominees to hide his purchases of luxury vehicles, including Rolls Royces. Fletcher also filed false income tax returns that understated his income by several million dollars, and when an IRS special agent interviewed him, Fletcher falsely represented the amount of income he earned.

In addition to his prison sentence, U.S. District Judge Wendy Berger for the Middle District of Florida ordered Fletcher to serve three years of supervised release and to pay approximately $7,112,689 in restitution to the United States. Fletcher was investigated by the Internal Revenue Service (IRS) Criminal Investigation.

Fletcher's case was prosecuted by Trial Attorneys Zachary A. Cobb and Charles A. O'Reilly of the Tax Division and Assistant U.S. Attorney Megan Testerman for the Middle District of Florida.

With this sentence, Fletcher joins the growing list of individuals who have been held accountable for tax evasion in the United States. The case serves as a reminder of the importance of paying taxes and the severe consequences of failing to do so.

In conclusion, David Albert Fletcher's sentence is a testament to the efforts of law enforcement and prosecutors in bringing tax evaders to justice. The case highlights the need for individuals to comply with tax laws and regulations to avoid facing severe penalties.

Source: https://www.justice.gov/opa/pr/florida-businessman-sentenced-prison-tax-evasion