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Suwanee man sentenced for million dollar tax fraud

ATLANTA -- A Suwanee man was sentenced on Wednesday for lying on his tax return and trying to defraud the U.S. Treasury, federal authorities said.

Donus R. Sroufe was sentenced to more than four years in prison for interfering with the administration of the revenue laws and for making a false claim for a $1.7 million tax refund.

"Fortunately, the IRS caught his fraudulent return before any taxpayer funds were paid out," U.S. Attorney Sally Quillian Yates said.

Veronica Hyman-Pillot, a special agent in charge with the IRS criminal investigation, called the case an example of greed, deceit, manipulation and theft.

"The prison time received by Mr. Sroufe should serve as a strong warning that tough punishment awaits those who embark on a similar criminal path," Hyman-Pillot said.

Sroufe was convicted of the charges in March.

Federal authorities said that in March 2009, Sroufe, 55, claimed the refund after he falsely said he received $2.5 million from a U.S. Treasury bond, and that he paid more than $2.6 million in federal taxes, Quillian Yates said. But the bond was fake and Sroufe didn't pay any income taxes for 2008.

The IRS notified Sroufe in April 2009 that his 2008 tax return was frivolous, and warned him he could face a penalty for filing a false return. Yates said Sroufe ignored the warning and in August, 2009 mailed an identical copy of the same return to the U.S. Department of the Treasury.

Sroufe's sentence was for four years and three months in prison, and three years of supervised release, and ordered to pay a $75,000 fine.

Comments

kevin 10 months, 1 week ago

funny how the IRS can really screw a taxpayer but do nothing to penalize its own employees and managers for abusing their power and breaking laws. Just look at the recent abuses and scandals. Penalty is way too harsh. He didn't get any money, just tried to.

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