Charlestown Man Pleads Guilty to Suffolk Downs Tax Scheme
Gary Boyar was reportedly a '10-percenter' who cashed more than $2 million worth of winning tickets at the gambling track.
A Charlestown man accused of helping gamblers at Suffolk Downs get out of paying taxes on their winnings pleaded guilty to the charges on Wednesday. Gary Boyar, 53, of Charlestown pleaded guilty in U.S. District Court to charges of corruptly endeavoring to impede the Internal Revenue Service and tax evasion, according to a press release from the office of U.S. Attorney Carmen M. Ortiz. “Boyar was a ‘10-percenter,’ a phrase referring to the 10 percent fee charged by those who cash winning tickets for gamblers so that the gamblers’ identities are not reported to the IRS,” according to the U.S. attorney’s office. “This scheme allowed gamblers to avoid paying taxes on their winnings, which were taxable income. Boyar cashed tickets and …
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4:02 pm on Thursday, December 8, 2011
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