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Home > Blogs > Dayton Courts: Legal and crime news > Archives > 2010 > July > 09
Friday, July 9, 2010
Former Bullies owner ordered to pay back taxes to IRS
DAYTON - The former owner of Bullies, a bar in Piqua, was placed on six months home confinement Friday, July 9, and ordered to pay nearly $50,000 to the IRS.
Michael Preuss, 51, of Troy, was also placed on five years probation, including the confinement, under the sentence issued by U.S. District Judge Thomas M. Rose.
Preuss pleaded guilty April 13 to to one count of corrupt endeavor to impede an employee of the U.S. acting in an official capacity under the IRS laws. He fabricated a false release form for his bank account which had been levied by the IRS for collection of unpaid withholding taxes, according to court records. Pruess was the sole owner of Bullies. At the time he sold the bar in October 2006, he owed the IRS $49,900 in back employee withholding taxes, according to court documents. Preuss deposited the proceeds from the sale of Bullies into his wife’s checking account. The IRS subsequently filed a tax levy for collection of the unpaid withholding taxes against that Chase account, along with another account in Preuss’s name at Fifth Third Bank, according to court documents.
Preuss legally obtained a release of the levy on his Fifth Third account but then used that release form to fabricate a fraudulent release. He faxed the phony to Chase Bank, which released the levied funds from his wife’s account. Preuss then directed his wife to liquidate the released funds that same day in the form of cash and official bank checks, according to court documents.
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