![]() Fri, Nov 21, 2008
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RONALD ISLEY SENTENCED: Mr. Biggs gets 3 years for tax evasion(September 1, 2006)
*On Friday Ronald Isley was sentenced to three years in federal prison for tax evasion.
Isley, 65, was also ordered to pay about $3.1 million to the Internal Revenue Service, having engaged in "pervasive, long-term, pathological" evasion of federal taxes, according to U.S. District Court Judge Dean Pregerson. The sentences were handed down after Isley was convicted last October of five counts of tax evasion and one count of willful failure to file a tax return. During the three-week trial, prosecutors said Isley failed to make any voluntary payments to the IRS between 1976 and 1996. Isley's lawyer said his client had been selling his assets to pay down his IRS debt. He had sought probation for Isley, citing his client's medical condition, which includes the effects of a stroke and a recent bout with kidney cancer.
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