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Home > Blogs > Dayton Courts: Legal and crime news > Archives > 2010 > August > 25 > Entry
Poker tournament host pleads guilty to federal charges
DAYTON — A West Carrollton club owner accused of running poker tournaments pleaded guilty Wednesday, Aug. 25, to one count of conducting an illegal gambling business and one count of making false statements on an income tax return.
Federal prosecutors dropped three other counts of making false statements on federal income tax returns against Stanley W. Combs III, 42, of Union. Combs appeared before U.S. District Judge Michael Barrett, who did not set a date for sentencing.
From 2004 through 2007, Combs substantially under-reported income from his earnings as owner/operator of the Fraternal Order of Orioles Next 293, 842 Watertower Lane, and a related entity at 10955 Lower Valley Pike in Medway, according to Carter M. Stewart, U.S. Attorney for the Southern District of Ohio.
The illegal gambling business was organized as a tax-exempt social/charitable entity. Combs and at least five others conducted, financed or owned the business, according to the statement of facts filed with the plea.
The business operated from January 2004 through March 2008 and often generated daily gross revenues in excess of $2,000, according to court documents.
Combs reported his 2007 gross income to the IRS as $34,095, but investigators found earnings of more than $242,000. Between 2004 and 2006, Combs under-reported his personal income, costing the IRS between $80,000 and $200,000, according to court records.
Combs faces a maximum penalty of five years imprisonment for operating an illegal gambling business, a fine of $250,000 and three years of supervised release. The maximum penalty for making false statement on income tax returns is three years imprisonment, a fine of $100,000 and one year of supervised release.
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