Raymond A. Quintana, a Sandy man who ran a restaurant business called East Coast Subs in 1995 and 1996, pleaded guilty to filing a false federal tax return in U.S. District Court on Friday.
As part of a plea agreement, Quintana admitted that during those two years large amounts of gross receipts from his business were not being rung up on the cash register and therefore were not reported to his accountant, according to Melodie Rydalch, public information officer for the U.S. Attorney's Office.
Quintana's tax returns for 1995 understated his gross receipts by $34,956, and $78,706 for 1996, Rydalch said.
The terms of the plea agreement reached with federal prosecutors permit Quintana to pled guilty to filing a false income tax return for 1996, but prosecutors will not charge him for the taxable year 1995, she said. However, tax losses for both years will be used to determine his sentence.
Rydalch said Quintana will be sentenced Sept. 13 by U.S. District Judge Ted Stewart. Quintana faces a possible maximum penalty of up to three years in prison and a fine of up to $250,000.