U.S. Attorney Deborah Gilg reports 59-year-old Chet Lee West of Nebo, North Carolina has been sentenced to 51 months in prison. Once released, West will have to serve three years of supervision. He also has been ordered to pay $439,515.81 in restitution.
An IRS investigation revealed West had taxable income of around $272,000 while living in Omaha from 2007 to 2009. West failed to file federal returns during that time.
After being informed by the IRS that he was required to file returns, West submitted information to this employer claiming he didn’t have to pay income taxes. The federal prosecutor says West deposited personal income into bank accounts in the names of companies he created to hide his income from the IRS.
West hadn’t filed a federal income tax return since at least 2000.