Pittsburgh restaurateur given probation for underreporting his income
A Pittsburgh restaurateur will spend three years on probation for underreporting his business income, U.S. District Judge Gary Lancaster ruled Friday.
Thomas N. Liadis Sr., 61, of Bethel Park pleaded guilty in September to subscribing to a false tax return. When Liadis sought to sell Grecian Isles, his local chain of Greek restaurants, in 2010, he disclosed revenue figures that were significantly higher than those reported in his 2007, 2008, and 2009 tax returns, prosecutors say.
The difference between his actual gross receipts and what he reported for the three years was about $1 million and the tax loss was $103,706, prosecutors say.
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