About Us | Contact Us | Advertise with Us |
Featured Site
Editor's Choices

Bingo Hall Operators May Go to Jail for Tax Evasion

Robert J. Ford and William J. Tway, two long-time operators of Big Bucks Bingo in Garden City, Idaho, were recently charged by U.S. Department of Justice with tax evasion and conspiracy for allegedly overstating the percentage of bingo revenues that they allocated to charity.

Although the state constitution permits gaming operators to offer bingo and raffle games, they are required to allocate 20% of their yearly gross revenues from the games to a charity or non-profit organization. Investigators found out that, although in 1999, Big Bucks Bingo reported contributions of $159,988, and in 2000, $57,000, the amount actually transferred to charity was much smaller.

Both Tway and Ford may spend as many as three years in jail for the tax fraud charge, and an additional five years for conspiracy. Tway is a former attorney, who, in 1995, lost his license to practice law for misspending his clients money.

100% FREE BINGO
Bingo News
 Paris woman gets 33 months for stealing bingo proceeds
 Bingo Hall Operators May Go to Jail for Tax Evasion
 Clute bingo parlor moving to Brazoria
 Bingo Network - World Bingo
 Age crackdown spells trouble for school bingo nights
 Some want a casino
 Queen of Bingo staged on Saturday
 UK Senior Bingo Player Rewarded for Loyalty with Free Railway Pass
 What will DeJope be when bingo is bin-gone
 World Cup: Boring Like Bingo
 Bingo to keep students shaded
Hot Picks
Copyright www.towerbingo.com.
| About Us | Contact Us | Advertise with Us | Visit Our Partners | Play Online Bingo Games | Bingo Partners |