Here’s Another Sad Story About a Thief Who Got Dinged By The IRS For Not Reporting Stolen Income

This poor bastard has been sentenced to a year and a day for gyping the IRS out of their chunk of the money he stole from his employer:

[Jeffrey] Scher, a certified public accountant, was employed as the chief financial officer at Bodek and Rhodes, a Philadelphia-based T-shirt wholesaler.  Scher received cash receipts from Bodek and Rhodes’ controller for deposit into Bodek and Rhodes’ bank account.  Instead depositing all of the money into his employer’s bank account, Scher surreptitiously diverted cash receipts belonging to Bodek and Rhodes to his personal bank accounts.

In filing his Federal income tax returns, Scher did not report the cash receipts belonging to Bodek and Rhodes which he converted for his personal use.  Scher was charged with 5 counts of filing a false tax return.

The case was investigated by the Internal Revenue Service Criminal Investigation.

Well it could be worse. When he was charged last year, he faced a maximum possible sentence of 15 years imprisonment, a $1,250,000 fine, three years of supervised release, and a $500 special assessment.

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