Fair 61°
Tag:

Timothy P. Draper

News
Fairfield County Man Admits To Underpayment Of $500K In Income Taxes Fairfield County Man Admits To Underpayment Of $500K In Income Taxes
Fairfield County Man Admits To Underpayment Of $500K In Income Taxes A Fairfield County business owner is facing federal prison time after admitting to underpaying more than $500,000 in income taxes. Bethel resident Timothy P. Draper, age 54, pleaded guilty to one count of tax evasion Monday, April 18 in Hartford federal court. Prosecutors said Draper failed to deposit numerous checks into his landscaping and rental business accounts, resulting in underreporting approximately $1.8 million on his tax returns between 2015 and 2017. Draper was also accused of paying personal expenses out of the business accounts and failing to categorize the payments as inco…

SHARE

by Michael Mashburn