Thibodeaux Sentenced

Larry J. Thibodeaux, 66, of Duson, La., has been sentenced to 12 months and one day in prison for attempting to evade and defeat payment of tax. Thibodeaux pleaded guilty to the charge on November 16, 2016.

According to the U.S. Department of Justice, Thibodeaux underreported taxes on IRS forms from 2012 to 2014, resulting in a total loss to the U.S. Treasury of $248,777. The corporate tax loss for the three years was $110,970, and the individual tax loss was $137,807.

Thibodeaux, who was the president and sole shareholder of Thib’s Trailers in Duson, was sentenced by U.S. District Judge Donald E. Walter. In addition to his prison sentence, Thibodeaux was ordered to pay $248,777 in restitution and a $50,000 fine. He will also serve one year of supervised release.

The investigation was conducted by the Internal Revenue Service (IRS) Criminal Investigations, and the case was prosecuted by Assistant U.S. Attorney Daniel J. McCoy. Acting U.S. Attorney Alexander C. Van Hook announced the sentencing.

The sentence is a significant one, and it serves as a reminder that tax evasion is a serious crime with serious consequences. Thibodeaux’s actions resulted in a substantial loss to the U.S. Treasury, and his sentence reflects the severity of his offense.

The case against Thibodeaux is a testament to the work of the IRS and the U.S. Department of Justice in combating tax evasion and other financial crimes. The IRS and the DOJ work together to investigate and prosecute individuals and businesses that engage in tax evasion and other financial crimes, and they have a strong track record of success.

In this case, the IRS and the DOJ were able to uncover Thibodeaux’s scheme to underreport his taxes, and they were able to hold him accountable for his actions. The sentence he received is a fair one, and it reflects the seriousness of his offense. The U.S. Treasury will also receive the $248,777 in restitution that Thibodeaux was ordered to pay, which will help to offset the loss caused by his tax evasion.

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