Waterfront property on the Baja California peninsula is remote and undeveloped Thomas Dale Overstreet when he bought for $ 25,000 in 1995.Over the next 15 years, the small town bar owner by pumping money into Idaho resort project and kept the name of his son 20-year-old, a citizen of Mexico.
Overstreet ready to sell his Fruitland bar in 2011 and retire to paradise personal, but brings criminal charges hidden IRS investigation that ended with his conviction last month in federal court in Boise. 67, in custody at the Ada County jail awaiting placement in a federal prison, where he spent 46 months for tax evasion and illegal gambling.
It also stopped the land ownership Flying High Resort is located in La Paz, Mexico, under a ruling issued by U.S. District Judge Lynn Winmill.
And he must pay more than $ 5 million as part of a criminal forfeiture focuses almost everything he owned.
Praises U.S. Attorney Wendy Olson senior citizen custodial sentence in a prepared statement that called her to pay taxes "severe duty" of all Americans.
A review of documents associated with the case Overstreet shows that the long-term operation of illegal gambling led to his destruction, along with years of failure to tax laws. He gave details of illegal operation of a potential buyer, which turned out to be a researcher hidden.
Fate Overstreet Mexican property is still unknown. Her son Dalanay Overstreet, still have time to claim a part of it. But if it does, Assistant U.S. Attorney Tony Hall, dealing with seizures in federal Boise, says he will fight in court. Winmill has already concluded youngest Oversteet owner in name only and that his real father managed properties.
Thomas Overstreet apologized Winmill "and the American people" in his conviction in December and said the case was "ashamed".
Overstreet, at least since 2000, owns and operates Club 7, 210 SW 3rd St Fruitland is. In 2003, there develops and earn decent money, illegal gambling operations, according to court records. But it did not take long to inform the police.
In 2005, the Idaho State Police said Overstreet bet on gambling and club payments. He pleaded guilty and paid a fine of $ 3,000. It is also allowed to bet your business will result in the loss of their alcohol license, he warned.
Citations and warnings did little to limit artistic activities. Overstreet place of work, provide better customer use, free of charge, including adjusting their practices to hide its activities never stop at the fair in Las Vegas, you have to buy an ATM machine.
He asked all payments are made in cash, debit, cash and checks from third parties, without charge, to use more money, prosecutors said.
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