U.S. District Judge James Moody sentenced Jerry Haymon Jr. — whose father served a federal prison term for mortgage and tax fraud — to two years probation and payment of $20,349 in restitution to the IRS for his involvement in an income tax fraud scheme.
Last summer, the Gary man plead guilty to funneling clients to Lake Station tax preparer, who was filing fraudulent tax returns in order to defraud the U.S. government. The plea agreement states that Haymon received $1,000 for each client who he referred to Michael Nash, who is also facing federal charges, and allowed Nash to use his bank account for the refund deposits, which the pair would share. Nash has admitted that the scheme yielded anywhere from $400,000 to $1 million, according to federal court records.
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Haymon’s attorney John Cantrell said Thursday that he thought the sentence that the judge handed down was “very fair.”
Assistant U.S. Attorney Gary Bell did note that Haymon has assisted the government in the case against Nash. Nash has plead guilty to falsifying tax returns and depositing the additional money into a bank account that he had control over. He is set to be sentenced at 10 a.m. Tuesday in U.S. District Judge Philip Simon’s court.
In November 2011, Haymon’s father — Jerry Haymon — pleaded guilty two separate cases where he used money from the city of Gary to renovate a house and enriched himself with $1 million from his charity without reporting the income to the IRS. He was released from prison on Aug. 22, 2014, after serving almost 29 months in prison.
Christin Nance Lazerus can be reached at [email protected].
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