MADISON, WIS. (August 14, 2015) — John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that Uri Fried, 58, Waunakee, Wis., was sentenced August 12 by U.S. District Judge James D. Peterson to one year and one day in federal prison for filing a false tax return. Fried pleaded guilty to this offense on May 22, 2015.
Fried did business as a timeshare wholesaler. As part of the plea process, Fried agreed that his unreported income from this business between 2008 and 2009 was $1,980,035 and that he owed $706,636 in federal taxes for these two years.
Judge Peterson rejected Fried’s request for probation and stated that a prison sentence was necessary to promote respect for the law and to deter others who may be inclined to cheat on their taxes.
U.S. Attorney Vaudreuil stated that, “Uri Fried’s prison term should give confidence to the American taxpayers who choose to do the right thing by paying their taxes. With our partners at IRS Criminal Investigation, we will hold accountable those who willfully choose to hide income and refuse to pay their fair share.”
“Today’s sentencing of Uri Fried again emphasizes that the Internal Revenue Service and U.S. Attorney’s office will continue their aggressive pursuit of those who fraudulently attempt to evade their fair share of taxes,” said Shea Jones, IRS Criminal Investigation Special Agent in Charge. “Honest taxpayers have been reassured today that no one is above the law–especially when the virtue of tax administration is at stake.”
The charge against Fried was the result of an investigation conducted by IRS Criminal Investigation. The prosecution of the case has been handled by Assistant U.S. Attorney Timothy M. O’Shea.
PRESS RELEASE SOURCE: USAO – Wisconsin, Western District