Former Ford Manager Sentenced

On May 31, 2012, in St. Louis, Missouri, John Perry was sentenced to 51 months in prison, three years of supervised release, and ordered to pay $926,602 in restitution. According to court documents, Perry approved false and inflated invoices submitted to Ford by a vendor for transportation and storage expenses. When Ford paid the invoices, the owner of the logistics company paid Perry a kickback. Perry failed to report a large portion of these kickback payments on his federal income tax returns. Perry also participated in an inflated lease scheme for which he received kickbacks. While Perry was employed at Ford, Syms Trucking Co. obtained a contract to provide transportation logistics work and yard management at the St. Louis Assembly plant. Perry directed Syms to make payments to him in exchange for allowing Syms to keep its contract with Ford. A large portion of these payments were not reported on his federal income tax returns. From 2001 through 2004, Perry received in excess of $2,000,000 from these two schemes, causing a tax loss of more than $600,000.

Source: IRS.gov


More IRS Investigations

Contact us today at 1-949-260-4770 for assistance with your tax matter. Consultations with our former IRS Personnel are always FREE and CONFIDENTIAL.