SACRAMENTO : Jack Ray Snyder, 63, of Wellington, Florida, was sentenced today by U.S. District Judge William B. Shubb to six months in prison, six months home detention, and a $30,000 fine for tax evasion, Acting U.S. Attorney Phillip A. Talbert announced.
Snyder was also ordered to pay $134,497 in restitution.
According to court documents, Snyder underreported his income in 2011, 2012, and 2013, and deducted items that were not deductible between 2011 and 2014, resulting in an additional tax liability of approximately $134,497.
This case was the product of an investigation by the Internal Revenue Service Criminal Investigation. Assistant U.S. Attorney Roger Yang prosecuted the case.