Morgan City man sentenced to 15 months in prison for omitting more than $250,000 of income on tax return

LAFAYETTE, La. – United States Attorney David C. Joseph announced today that a Morgan City man was sentenced to one year and three months in prison for failing to report more than $250,000 in income on his 2012 tax return.

Victory Nam Ho, 39, of Morgan City, Louisiana, was sentenced by U.S. District Judge Elizabeth E. Foote on one count of filing a false tax return. The defendant was also sentenced to one year of supervised release and was ordered to pay $69,167 in restitution. According to the May 23, 2018 guilty plea, Ho engaged in stock transactions and made $251,196 in 2012, but when he filed his taxes, he reported $14,742 as his income. As a result, he paid no income tax that year, which resulted in a loss of $69,167 to the U.S. Treasury.

The IRS conducted the investigation. Assistant U.S. Attorney Kelly P. Uebinger prosecuted the case.