Greensboro man sentenced to prison for payroll tax fraud
Harrison was convicted on a 63-count indictment last December. Evidence at trial and at sentencing showed that Harrison failed to pay more than $40 million in federal taxes withheld from the pay of his thousands of employees for his Guilford County-based businesses between 2004-2006 and 2009.
The evidence showed Harrison presented false bank statements to auditors to conceal the nonpayment. It also showed he used company funds to purchase homes, a yacht and to finance commercial motion pictures.
Harrison was also convicted of failing to file personal income tax returns between 2004 and 2006.
Source: The Associated Press