Serving as a tax-day cautionary tale, a bookkeeper at a Chicago-area staffing company pleaded guilty on Tuesday to defrauding the Internal Revenue Service of more than $24 million.
Northbrook, Illinois resident Barry Poticha, 73, admitted to falsifying corporate tax returns and W-2 forms to reduce the taxes owed by companies and their owners, according to the U.S. Attorney’s Office of the Northern District of Chicago.
The decade-long scheme is punishable by up to five years in prison.