Ellicott City man, 50, pleads guilty to tax evasion for misstating income

May 17, 1998

An Ellicott City man has pleaded guilty to tax evasion for failing to report income from a Columbia electronics distribution company, the U.S. attorney's office announced Friday.

From 1991 through 1993, John P. Maktos Sr. of Kings Cup Court failed to report $246,000 of income from his job as a sales representative for Pegasus Electronics Inc., U.S. Attorney Lynne Battaglia said.

The total tax on the unreported income would have been $34,895.

Maktos, 50, could be sentenced to a maximum of five years' imprisonment and a $250,000 fine, Battaglia said.

Pub Date: 5/17/98

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.