A former Forsyth County chiropractor was sentenced Tuesday to serve two years in federal prison on a charge of filing a false tax return.
The prison term for 42-year-old Michael J. Falite of Cumming is to be followed by one year of supervised release, according to a report from the U.S. Attorney’s Office for the northern district of Georgia.
Falite, who pleaded guilty to the charge on June 9, also was ordered by U.S. District Judge Beverly Martin to pay $216,038 in restitution.
According to the U.S. Attorney’s Office report, Falite falsely stated in 2002 that 90 percent of his income from Falite Family Chiropractic in Alpharetta went to a nonexistent partner company. He then used the money to pay personal expenses.
In a statement, U.S. Attorney David E. Nahmias described Falite as a “successful chiropractor, operating a lucrative practice [who] decided he no longer wanted to pay his lawful income taxes.”
“He used his ill-gotten gains to pay the balance on his mortgage, purchase automobiles, and open investment accounts,” said Nahmias, who last week was appointed by Gov. Sonny Perdue to fill an open seat on the Georgia Supreme Court.
Falite is at least the second person with Forsyth County ties to be sentenced for tax-related crimes this year.
In mid-June, 43-year-old Daniel Edward Turner received three years and 10 months in federal prison, followed by five years of supervised release.
He also was fined $5,000 and ordered to pay $114,053 to the IRS.
A federal jury found Turner, 43, guilty in March of obstruction and mailing fraudulent financial instruments to the Internal Revenue Service and the Department of the Treasury.
Turner had reportedly attempted to deceive the IRS for years, refusing to follow rules regarding filing income taxes.
Nahmias has previously said Turner also “caused confusion and delay in the investigation by filing false claims against innocent IRS employees.”
The prison term for 42-year-old Michael J. Falite of Cumming is to be followed by one year of supervised release, according to a report from the U.S. Attorney’s Office for the northern district of Georgia.
Falite, who pleaded guilty to the charge on June 9, also was ordered by U.S. District Judge Beverly Martin to pay $216,038 in restitution.
According to the U.S. Attorney’s Office report, Falite falsely stated in 2002 that 90 percent of his income from Falite Family Chiropractic in Alpharetta went to a nonexistent partner company. He then used the money to pay personal expenses.
In a statement, U.S. Attorney David E. Nahmias described Falite as a “successful chiropractor, operating a lucrative practice [who] decided he no longer wanted to pay his lawful income taxes.”
“He used his ill-gotten gains to pay the balance on his mortgage, purchase automobiles, and open investment accounts,” said Nahmias, who last week was appointed by Gov. Sonny Perdue to fill an open seat on the Georgia Supreme Court.
Falite is at least the second person with Forsyth County ties to be sentenced for tax-related crimes this year.
In mid-June, 43-year-old Daniel Edward Turner received three years and 10 months in federal prison, followed by five years of supervised release.
He also was fined $5,000 and ordered to pay $114,053 to the IRS.
A federal jury found Turner, 43, guilty in March of obstruction and mailing fraudulent financial instruments to the Internal Revenue Service and the Department of the Treasury.
Turner had reportedly attempted to deceive the IRS for years, refusing to follow rules regarding filing income taxes.
Nahmias has previously said Turner also “caused confusion and delay in the investigation by filing false claims against innocent IRS employees.”