BRANDON, Miss. (AP) - The owner of Flowood restaurant has pleaded guilty to two of eight counts of tax evasion in Rankin County Circuit Court.
The Clarion-Ledger reports (https://on.thec-l.com/1OD5Ym7) a judge on Monday sentenced Steve Page, the owner of Fannin Mart Restaurant, to five years in prison with two years suspended, and three years house arrest.
Page was indicted in October on eight counts of felony tax evasion and eight counts of fraudulent statements and representations.
The indictment alleged Page significantly under-reported his gross retail taxable sales for an eight-month period spanning parts of 2012 and 2013.
Page reported to have sold only $10,800 in the average month during that period, when in reality the restaurant actually sold an average of $35,720 per month.
___
Information from: The Clarion-Ledger, https://www.clarionledger.com
Please read our comment policy before commenting.