Missouri trucking company owner pleads guilty to tax evasion

[Mike]

A Jefferson City, Missouri. trucking company owner faces up to five years in prison without parole for failing to pay taxes on more than $600,000 in income over three years.

Owner-operator Ryan Phegley pleaded guilty Tuesday in federal court in Missouri to one count of tax evasion.

Phegley, 39, ran Phoenix Freight Lines Inc. from 2010 to 2014. Phoenix leased trucks, hired drivers and obtained freight contracts.

“By pleading guilty today, Phegley admitted that he never filed state or federal individual income tax returns or state or federal business income tax returns for Phoenix for the years 2011-2013, despite earning a total of $642,344 in unreported taxable income during those years,” the U.S. Justice Department (DOJ) stated.

Missouri trucking company owner pleads guilty to tax evasion

Owner-operator’s guilty plea result of failing to pay taxes on $600,000 over three years.

www.freightwaves.com

 

[Mike]

Expect to see more of these stories, as I am sure the government is going to be looking for money anywhere they can find it.

 

[Duck]

 

[BlackBart]

Expect to see more of these stories, as I am sure the government is going to be looking for money anywhere they can find it.

I even heard Swiss bank accts aint even safe no more... since the Switzers decided to play patty ass with uncle sam

 

[Mike]

I even heard Swiss bank accts aint even safe no more... since the Switzers decided to play patty ass with uncle sam

Not sure on that. I’m simply expecting the government to be looking for money anywhere they can find it given the amount they are handing out right now, and the fact that far less will be coming in next year due to the economy being shut down like it was.