A used car salesman from Imperial, Missouri has admitted to hiding over $300,000 in sales commissions from the IRS.
Donald Benck pleaded guilty on Monday to three tax charges and admitted to recruiting acquaintances to receive the commissions by check, cash the checks and give the cash to him.
The acquaintances kept a small fee for themselves, cashing a total of $326,000 in checks from 2014 to 2016.
Benck’s employer issued 1099 forms to the acquaintances instead of Benck, who did not inform his tax return preparer of the commissions and did not report the income on his tax returns.
As a result, the 1040 forms that Benck filed with the IRS for 2014 through 2016 underreported his income, causing a tax loss to the IRS of $84,092.
Our tax system depends on everyone paying their fair share of taxes based on the filing of accurate tax returns, said Special Agent in Charge Tyler Hatcher, IRS Criminal Investigation’s St. Louis Field Office.
Dishonest tax filers leave honest tax payers to pick up the tab for their schemes.
Benck is scheduled to be sentenced on November 18.
The Internal Revenue Service investigated the case, and Assistant U.S. Attorney Gwendolyn Carroll is prosecuting the case.
Benck was primarily compensated for his sales job at a used car lot through commissions and admitted to hiding more than $300,000 in sales commissions from the IRS.
The case is a reminder that the IRS takes tax evasion seriously and will pursue those who try to cheat the system.
Related Federal Cases
- Michael Jett Sentenced to 23 Months for Tax Evasion, Missouri, 2017… · Missouri
- Daniel Alan Ryan, Tax Evasion, Missouri 2024 · Arkansas
- Brian J. Scroggs, Timeshare Scheme and Tax Evasion, Missouri 2024 · Arkansas
- Joseph R. Fulgenzi, Tax Evasion, Missouri 2012 · Kansas
- John Doe, Tax Evasion, Missouri 2024 · Arizona
Key Facts
- State: Missouri
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
