Otsego Man Charged with Tax Crimes Owes More Than $50,000 to State

Otsego Man Charged with Tax Crimes Owes More Than $50,000 to State Photo: KSTP

May 16, 2018 03:37 PM

An Otsego man who owes the state more than $50,000 in unpaid taxes has been charged with multiple tax crimes.

According to the Minnesota Department of Revenue, Michael Jay Sultany is charged with failing to file individual tax income returns, failing to pay individual income tax and failing to file corporate income taxes. 

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Sultany failed to do so from 2013 to 2015, so he has three counts of each charge filed against him.

RELATED: Duluth Restaurant, Owners Convicted of Tax Crimes for Zapping Cash Transactions

Investigators report Sultany registered his auto repair business, Elk River Tire and Auto and RPM Automotive, as a Minnesota S corporation, but he failed to pay the appropriate business taxes associated with this filing. 

Bank records showed "numerous and repeated transfers of money" from his business to personal accounts, which must be reported on both S corporation business and individual taxes, the press release states.

RELATED: West Metro Man Charged with Multiple Tax Crimes

Sultany told investigators he had not filed taxes during that time, the department reports.

Tax crimes carry a maximum penalty of five years in prison and $10,000 fine. 

Credits

Theresa Malloy

Copyright 2018 - KSTP-TV, LLC A Hubbard Broadcasting Company

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