Listeners Club

Forgot Password

Not a Member? Sign up here!

banner

Feds: Franklin man didn't pay taxes on misappropriated money

NEW HAVEN, Conn. (AP) - A Franklin dentist prosecutors say took nearly $250,000 from his uncle's estate without authorization and then failed to pay taxes on the money has pleaded guilty.

The U.S. attorney for Connecticut says 60-year-old Joseph Sudik pleaded guilty Tuesday to filing false tax returns.

According to court documents, in 2010 and 2011, Sudik took about $248,000 from his uncle's trust and was paid $35,500 in fees as a trustee and as reimbursement for closing his dental office to act as trustee. On federal tax returns for both years, Sudik failed to pay more than $63,000 in income taxes on the money.

He faces up to three years in prison and a fine of up to $250,000 at sentencing on July 27. He has also agreed to pay back taxes, and restitution.