An Oklahoma man was sentenced yesterday to 30 months in prison for evading over $1 million in income taxes. According to court documents and statements made in court, from 2014 to 2019, Phillip Barry Albert was President of Pelco Structural LLC, a steel pole manufacturing company located in Claremone, Oklahoma. During that period, Albert directed Pelco’s outside payroll service company to pay him over $2.6 million of Pelco’s funds, which should have been treated as income to him. Albert, however, instructed that the payroll company falsely characterize the payments as reimbursements rather than income, so that the ... (full story)