The owner of a Nevada-based trucking company was sentenced to 27 months in prison after admitting that he withheld payroll taxes from his employees, but failed to turn the money over to the Internal Revenue Service.
U.S. District Court Judge Howard D. McKibben also ordered Paul B. Reddis, owner of Clone King Trucking, Inc., also known as CK Trucking, headquartered in Reno, NV, to pay more than $678,000 in restitution at his sentencing on January 16.
According to court documents, from 2003 through 2007, Reddis admitted he withheld the payroll taxes from his employees’ paychecks, but failed to properly account for the taxes to the IRS and instead used the money for his own personal use.
In October 2012, Reddis pleaded guilty to one count of “failure to pay over payroll taxes.”
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