Topic > The True Stories of Tax Evaders - 523

Last week we talked about the IRS Criminal Investigation Unit, which just released its 2012 tax report. That report was full of the kind of dry statistics you'd expect from a IRS annual report: 5,125 total investigations initiated, 202 corrupt tax preparers indicted, 199 identity thieves sent to prison, and 64 months average time behind bars for money launderers. But the report also includes dozens of stories from tax evaders who really should have known better – and some whose stories are so funny we just had to share them. Are you having a bad day? Well, be happy you're not one of these people! Michael Gerace owned Abbott Pizza in Buffalo, New York, where he made delicious pizzas, calzones and stromboli. He also made up a series of fake books for his accountant, selling off Uncle Sam about 500,000 peppers over three years. Now, instead of serving satisfied customers, Geraci is serving 21 months in prison. Let's hope the manager recognizes his talent and assigns him to the kitchen instead of the license plate shop! Miguel Vasquez was a tax preparer in sub...