LAKE CHARLES, La. (AP) — Federal prosecutors say a Louisiana man has been sentenced to serve a year in prison and pay more than $960,000 in restitution on federal tax fraud charges.
A news release from Acting U.S. Attorney Alexander Van Hook in Lake Charles says 54-year-old Alfredo Franco of Sulphur was sentenced Thursday.
Prosecutors say Franco was a business owner who pleaded guilty in February. Prosecutors said he submitted fraudulent tax returns for 2015, 2016 and 2017 — omitting close to $2.6 million in receipts for those years.
That led to him fraudulently lowering his tax liability by hundreds of thousands of dollars.