A Bozo Investment Leads to Tax Evasion

Pity Mark Steven Miller, former CEO of Oakwood Deposit Bank in Ohio. Mr. Miller was convicted of fraud in 2003 for embezzling $49 million from his bank. He then took his profits and invested them in the Star Dancer Casino Boats—boats that sailed from Florida ports and offered casino games. Little did the bozo know that the owners of Star Dancer allegedly took the money they withheld from their employees and spent it rather than forward it to the IRS. The government apparently stumbled upon the second scam from the investigation of the initial embezzlement. The two owners of Star Dancer each face fines of $10,000 and five years imprisonment.

Links :Myrtle Beach Sun News and Toledo Blade

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