The Indian Hill man who owns a used car supermarket was sentenced on Tuesday to 12 months in prison on tax fraud and other charges.
Greg Vandemark, 65, was convicted in a six-count arbitration trial in federal court in Cincinnati last year. Prosecutors said he cut money from his business and hid it from the IRS.
Prosecutors said Van DeMark earned more than $ 1 million a year, but said he did not have to pay taxes on his 2013 and 2014 tax revenues.
At the time, prosecutors owned several homes in Vantermark – a “mansion” on Indian Hill, a waterfront house in Florida, and a house across the Ohio River designed like a river boat.
Prosecutors said most of the money Vandermark slipped was used to pay for a mortgage on the mansion. Prosecutors said they would spend less than $ 10,000 to reduce the chances of officers finding fraud.
The sentence handed down by U.S. District Judge Michael Barrett was significantly less than what prosecutors were looking for. Prosecutors said the sentence ranged between 41 and 51 months.
Vandermark and his lawyer Patrick Honley both described in court how Vandermark is the main caregiver for his intellectually disabled and his 33-year-old daughter who lives with him. His mother, Vandemark’s ex-wife, Parkinson, moved to a nursing home in 2015 and died in 2017.
Vandermark said he prepares his daughter’s food and takes her to his part – time job at a friz and medical appointments. In court documents, Honley said her daughter had heart problems and, as a result, “her health is constantly compromising.”
Vandermark said he did not want to send his daughter to a residential home.
“I wasn’t created like that,” he told Barrett: “She didn’t understand what was going on.”
Barrett said the sentencing would take into account Vandermark’s “family ties and responsibilities.”
Vandermark will be allowed to self-surrender in a federal prison at a future date.
He was also ordered to pay the government nearly $ 9,219,000 in restructuring. Prior to sentencing on Tuesday, he submitted checks for the amount to authorities. He appeals the sentence.
Assistant U.S. Attorney Megan Coffney said in documents filed prior to the sentencing that Vandermark built the business from the ground up. He called his story the “Greatest American Dream.”
Still, Kaufney said Vandermark chose to deceive the country that made his dream possible, “continuing to lie to avoid getting anything back.”
“He did not feel obligated to the place that gave him so much because his million dollar homes, private cars and even his private plane were not enough for him,” Kaufney said. ”