David S. Owens, Tax Evasion, Ohio 2024

Grimy Times:

Columbus Man Charged with Tax Evasion

David S. Owens, a 62-year-old man from Columbus, Ohio, has been charged with tax evasion.

According to a federal information filed by Assistant U.S. Attorney Christos N. Georgalis, Owens, through his Canfield, Ohio-based company, Advetech, Inc., made payroll tax withholdings from his employees' paychecks but failed to pay over those withholdings to the IRS in the approximate amount of $570,000 between 2008 and 2009.

Instead, Owens transferred hundreds of thousands of dollars from Advetech, Inc. to at least two other Canfield companies owned and operated by Owens, including Brixton Development Corporation and Preferred Communities, Inc., from where he took hundreds of thousands of dollars in income for himself.

The information was filed after an investigation by agents of the Internal Revenue Service and the U.S. Department of Labor, Employee Benefits Security Administration.

David S. Owens, 62, of Columbus, Ohio, is charged with one count of failure to account for and pay over employment tax, a felony offense. If convicted, the defendant's sentence will be determined by the court after a review of factors unique to the case, including defendant's prior criminal record, if any, defendant's role in the offense, and the characteristics of the violation. In all cases, the sentence will not exceed the statutory maximum and in most cases will be less than the maximum.

An information is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government's burden to prove guilt beyond a reasonable doubt.

Defendant's Information:

* Defendant's Real Full Name: David S. Owens

* Exact Criminal Charge: Failure to account for and pay over employment tax

* City and State: Columbus, Ohio

* Exact Date: Between 2008 and 2009 (no specific date provided)

* Sentence or Outcome: Currently charged, awaiting trial

* Dollar Amount: $570,000

Source: https://www.justice.gov/usao-ndoh/pr/columbus-man-charged-tax-violation