Showing posts with label IRS. Show all posts
Showing posts with label IRS. Show all posts

Thursday, January 16, 2014

Greek shipping magnate ordered to pay $1.5M to IRS

(Published by the Washington Post)
By Associated Press, Thursday, January 16, 12:18 AM

NEW ORLEANS — A Greek shipping magnate who remained a fugitive for more than a decade was ordered Wednesday to pay more than $1.5 million in restitution to the Internal Revenue Service after pleading guilty in New Orleans to filing a false tax return.

U.S. District Judge Helen Berrigan also on Wednesday sentenced 78-year-old Lucas Ktistakis to three years of supervised release and ordered him to pay a $10,000 fine. Ktistakis had faced up to three years in prison, but Berrigan sentenced him to time he already has served in custody since his February 2013 arrest in Germany.