An Illinois man was sentenced to a year in federal prison for operating an illegal sports bookmaking business and filing false income tax returns.
Domenic Poeta, 63, of Highland Park, Illinois, unlawfully operated a business that provided sports betting and wagering services, both domestically and abroad.
From 2012 to 2017, Poeta obtained more than $3.7 million from the operation of his bookmaking business. Poeta failed to report his receipt of this income in the federal and state tax returns that he filed for each of those years, resulting in a federal and state tax loss of approximately $1.49 million.
Poeta pleaded guilty to one count of transmission of wagering information and one count of filing a false tax return.