SACRAMENTO, Calif. – Jack Ray Snyder, 63, of Truckee, isn’t healing animals anymore – he’s facing federal time. The veterinarian admitted today to a calculated scheme to evade taxes, a move that cost the government over $134,000, according to U.S. Attorney McGregor W. Scott.
Snyder’s greed spanned four years – 2011 through 2014 – and involved a deliberate effort to hide income from the IRS. The plea agreement details a pattern of underreporting earnings to his tax preparer and falsely claiming deductions for expenses that weren’t legitimate business costs. This wasn’t an oversight; it was a conscious effort to cheat the system.
The scheme was particularly brazen in 2011. While employed as a professor at the University of California, Davis, Snyder moonlighted as an equine veterinarian, raking in additional income. Instead of reporting this $212,953 in earnings, he endorsed client checks directly to pay off his credit card bills – a transparent attempt to conceal the money from authorities. It didn’t work.
Federal investigators with the Internal Revenue Service Criminal Investigation peeled back the layers of deception, uncovering the full extent of Snyder’s financial misdeeds. The total tax liability for the four years in question adds up to a hefty $134,497 – money Snyder now owes to the U.S. government. Assistant U.S. Attorney Roger Yang is leading the prosecution, ensuring Snyder faces the consequences of his actions.
Snyder is scheduled to appear before U.S. District Judge William B. Shubb on November 16 for sentencing. He could receive a maximum of five years in prison and a $100,000 fine. However, the final sentence will be determined by the judge, taking into account federal sentencing guidelines and other relevant factors. Don’t expect sympathy.
This case serves as a stark reminder that no one, not even a respected professional like a veterinarian and professor, is above the law. Attempting to defraud the government will be met with a full investigation and, if convicted, serious penalties. The IRS is watching, and they’re good at what they do.
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Key Facts
- State: California
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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