Former Silver Q bar owner charged in tax case
Published: Friday, January 27, 2012 at 2:30 p.m.
Last Modified: Friday, January 27, 2012 at 2:30 p.m.
A man who had owned the Silver Q bar and poolroom has been indicted by a federal grand jury on charges of filing false tax returns from 2004 through 2009.
Douglas Allen Stone, 48, of Gainesville, was indicted in December and arraigned Jan. 23. His trial on the charges in the six-count indictment has tentatively been scheduled for March.
In a news release about the case, federal prosecutors said Stone “underreported his total income by more than $364,000” during the five years the indictment covers. The alleged underreporting involved the corporation Stone formed to operate the business, which he formerly ran at 225 W. University Ave. The location now is home to the Fubar night club.
Officials also noted that Stone faces a maximum sentence of three years in prison on each count of the indictment.
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