Former club owner gets jail for tax fraud
Published: Saturday, July 1, 2006 at 6:01 a.m.
Last Modified: Saturday, July 1, 2006 at 12:00 a.m.
The former owner of a popular downtown Gainesville club was sentenced to 20 months in prison for filing false tax returns, a federal judge ordered this week.
Mark J. Spangler, who owned the University Club on University Avenue, had entered a guilty plea in January after he was arrested last summer by federal agents on charges of tax fraud.
Senior U.S. District Judge Maurice Paul sentenced Spangler Wednesday and set his restitution at $396,544 for under-reporting $1,589,515 in income from 1994 through 2002, according to the U.S. Attorney's Office for the northern district of Florida.
Spangler, 45, also must sign over to the government any interest, income or claims in the club, prosecutors reported. He had sold the business to his father last year before entering a plea in the case, an official involved in the case said.
The Internal Revenue Service will be seeking fines and interest due from Spangler, prosecutors also noted.
An investigation involving the club began last year when a person provided information to authorities that Spangler was not reporting all of the business' income, court documents stated. The person said Spangler had said he was keeping unreported cash in safe deposit boxes.
Spangler had owned and operated the University Club since 1990, according to court records.
Lise Fisher can be reached at (352) 374-5092 or email@example.com.
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