“I hope you know I feel very sorry I made some bad decisions,” Thomas A. Rainey, 58, told Yus County Judge Michael H. Simon on Wednesday
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On Wednesday, a man on the battlefield who ran a car manufacturing business in Portland was sentenced to one year in prison in a federal prison over a 12-year scheme in which he concealed his income and evaded paying one dollar 5 million in taxes

Yus County Judge Michael H ordered Simon Rennie to surrender himself to prison in late March, in an effort to avoid being placed in custody until a time when the coronavirus pandemic is expected to be less severe or a vaccine is available and he has been ordered to pay one dollar 5 million in compensation

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Rennie has owned and operated Autobella for detail business in Portland for over 28 years

He avoided paying taxes from 2005 through 2017 and also lied to a bankruptcy petition in an attempt to conceal his income and assets, according to Assistant UX attorney Claire Faye

Rennie failed to maintain proper business books and records, concealed ownership of assets, placed title deeds and vehicles in nominees’ names, used commercial bank accounts, non-profit bank account to pay personal expenses, and concealed income from sale from Autobella Inc by placing proceeds in accounts Bank in the name of the nominated entities, making false statements to the Internal Revenue Service official during the audit, according to Fay and the attorney general said he evaded paying personal, corporate and labor taxes

Part of the money went to $ 67,246 in down payment for the house in 43 acres of the battlefield, the purchase of a Chevy truck, the purchase of a Mercedes R500, a family trip to Las Vegas, college expenses for his child, and other personal expenses, according to court documents

“I hope you know that I am very sorry I made some bad decisions,” he told the judge, “I am working hard to improve myself. I have no excuses for my behavior, I don’t blame anyone, I’ll spend the rest of my life correcting this. ”

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Portland

World News – AU – Bespoke Cars jailed in Portland for a year for failing to pay $ 1 5 million in taxes during the 12-year scheme

Source: https://www.oregonlive.com/crime/2020/11/portland-auto-detailer-gets-year-in-prison-for-evading-15-million-in-taxes-during-12-year-scheme.html