Friday, September 30, 2005

Central Texan (and former Cisco employee) sentenced in tax case

Via The Austin Business Journal.

Central Texas resident Steven Dale Shanklin was sentenced Friday to five years in federal prison for failing to pay more than $425,000 in taxes, U.S. Attorney Johnny Sutton says.

According to Sutton, Shanklin filed a false tax return for 1998 when he was an employee of Cisco Systems Sales and Services Inc. Sutton says Shanklin also failed to file returns for 1999-2003. Shanklin pleaded guilty May 20.

In addition to a five-year prison term, U.S. District Judge Sam Sparks ordered Shanklin to serve three years of supervised release after prison.

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