Post by Logan on Apr 16, 2016 5:58:03 GMT -6
Former Town of North Hempstead Democratic Party Chairman Gerard Terry — who served as an attorney for the Long Beach Housing Authority and earned hundreds of thousands of dollars from numerous local government contracts — was arrested on Tuesday for tax fraud, Nassau County District Attorney Madeline Singas said.
Terry, 61, of Roslyn Heights, was charged with third-degree criminal tax fraud, a felony, after he surrendered to investigators. He pleaded not guilty and was released on his own recognizance by Nassau County District Court Judge Darlene Harris.
In a press release, Singas said that Terry, an attorney in private practice, failed to file and pay his state personal income tax return for the tax year 2010, in which he had an income in excess of $250,000 and a state tax liability of $13,000.
“Cheating on taxes is always wrong, but it's especially egregious when much of the undeclared income was paid from taxpayer-funded government accounts,” Singas said in a statement. "These allegations underscore the need for robust vetting practices at every level of government to ensure that taxpayers hire only those fit for public service. I thank the New York State Department of Taxation and Finance for its assistance with this investigation.”
Read more: liherald.com/stories/Former-Democratic-Party-official-arrested-for-tax-fraud,78600
Terry, 61, of Roslyn Heights, was charged with third-degree criminal tax fraud, a felony, after he surrendered to investigators. He pleaded not guilty and was released on his own recognizance by Nassau County District Court Judge Darlene Harris.
In a press release, Singas said that Terry, an attorney in private practice, failed to file and pay his state personal income tax return for the tax year 2010, in which he had an income in excess of $250,000 and a state tax liability of $13,000.
“Cheating on taxes is always wrong, but it's especially egregious when much of the undeclared income was paid from taxpayer-funded government accounts,” Singas said in a statement. "These allegations underscore the need for robust vetting practices at every level of government to ensure that taxpayers hire only those fit for public service. I thank the New York State Department of Taxation and Finance for its assistance with this investigation.”
Read more: liherald.com/stories/Former-Democratic-Party-official-arrested-for-tax-fraud,78600