Douglas Edward Henderson, 52, of Fort Walton Beach, Florida, was sentenced to 15 months in prison by Chief U.S. District Court Judge M. Casey Rodgers.
Henderson, who was ordered by the court to pay over $1.2 million in restitution, pleaded guilty to five counts of submitting a false tax return, two counts of aiding in the preparation of a false tax return, one count of mail fraud, and one count of conspiracy to commit mail and wire fraud.
The sentence was announced by Pamela C. Marsh, United States Attorney for the Northern District of Florida.
Henderson admitted to many of the charges. But while being the subject of a federal grand jury investigation, he engaged in a fraudulent short sale of his condominium using a family trust and the cooperation of Henderson Electric’s then chief financial officer.
The charges were the result of an investigation by the Internal Revenue Service – Criminal Investigation and was prosecuted by Assistant U.S. Attorney Tiffany Eggers.
Read the original article in WTYV.