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Horseman Convicted
Of Tax Evasion
U.S. District Court Judge James C. Cacheris sentenced a local horseman Friday to a year imprisonment for income tax evasion and ordered him to pay the Internal Revenue Service everything he owes.
Charles H.C. “Harry” Wight of Leesburg, the manager of the Leesburg office of the investment firm of Alex Brown and Sons, will only have to serve 45 days because Cacheris suspended the remainder.
Cacheris also imposed two years of supervised probation for Wight.
A local horseman who races on the point-to-point circuit, Wight pleaded guilty to failure to file an income tax return in 1981, when he had a gross income of $150,918.88 working as manager at Alex Brown and Sons.
The criminal information to which Wight pleaded guilty further charged that he neither filed a tax return nor paid his total income tax for 1978, 1979, 1980 and 1982.
An IRS spokesperson said that Wight must pay the government the taxes for those years, plus interest and any civil or criminal penalties that were incurred. The amount was not released.
The Bureau of Prisons has not yet designated where Wight will serve his sentence, according to Assistant U.S. Attorney Joseph Aronica in Alexandria. The prosecutor of the case added that that should be decided within the next couple of weeks.
In exchange for Wight’s plea of guilty, the United States agreed not to prosecute Wight for failure to file income tax returns for the years of 1978, 1979, 1980 and 1982.
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