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Wilmington man sent to prison for tax fraud

Posted June 8, 2009

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— A judge sentenced a Wilmington man Friday to a year and a day in prison after he pled guilty to tax fraud.

Mark Kenneth Smith, 41, must also pay $207,222 in restitution.

According to a grand jury indictment, Mark Kenneth Smith, 41 reported his 2001 earnings as $47,473.12 and failed to return a W-2 form. A criminal investigation by the Internal Revenue Service found that he earned over $248,000 that year.

"Those that fail to provide honest annual tax returns increase the burden and responsibility on those who honestly comply with federal laws. Prosecutions and sentences as in this case, promote respect for and compliance with our tax system," U.S. Attorney George Holding said.

"It is important that honest, taxpaying citizens know that (the IRS) is working diligently to ensure they are not bearing the burden of someone else's tax liability," Jeannine A. Hammett, IRS special agent-in-charge, said.

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  • moth Jun 8, 2009

    Har de har har
    Wait till he finds out he's been "green flagged" and he gets his returns audited for the past 7 years.

  • freedomgal Jun 8, 2009

    When taxes are lower, more money is collected. Ronald Reagan taught us that. The more they increase taxes --- the more people cheat, thus less taxes collected. Why is this so hard to believe ?

  • nonemeant Jun 8, 2009

    Tim Geithner suddenly "remembered" his oversight and coughed up. When this guy pays his $207,000 all will be forgiven.

  • SingleLensReflex.SLR Jun 8, 2009

    thief !

  • OpinionatedGuy Jun 8, 2009

    Where does our tax money go again???

  • wilson321 Jun 8, 2009

    Shouldn't he get the same treatment as Tim Geithner? Clearly this was just an oversight like Timmy's.

  • La_Grange_Dude Jun 8, 2009

    "hallmark" you are exactly right, seems having many babies is now a well paying job to alot of people these days. To many, it is a way of making a good living off the real taxpayers and not have to work much either.

  • hallmark Jun 8, 2009

    If they were serious about others not bearing the burden of somebody else's tax liability, then they would stop sending huge refunds to those who don't pay taxes to begin with. I'm tired of seeing folks with all the kids getting checks from the govt monthly to feed all those mouths then getting a huge refund check when they hardly work at a part-time job!

  • TeresaBee Jun 8, 2009

    hmmm I want his job.

  • Iwasasoldier4u Jun 8, 2009

    The wealthy sure do hate to part with their money. He may not be filthy rich but a person that makes over $248,000 a year has to have a fair amount socked away, especially more than likely that wasn't the only year he cheated on his taxes.

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