The owner of a Garden Grove car dealership was sentenced today to 24 days in jail and placed on three years of probation for a tax fraud scheme he carried out with an accountant.
Young Eui Hong, 51, of Garden Grove, pleaded guilty to grand theft on Feb. 18.
Hong was the owner of Grand Motors Inc. at the time prosecutors said he filed about $1.2 million in fraudulent tax returns.
Prosecutors said Hong, with assistance from co-defendant James Jun Kul Pak, knowingly filed false quarterly sales tax returns understating the number of vehicles sold and the amount of sales taxes paid by customers between January 2009 and December 2014.
Pak, who owned the accounting firm that did work for the car dealer, pleaded guilty Feb. 18 to one count of felony grand theft and admitted a sentencing enhancement of white-collar crime exceeding $500,000. Fifteen other felony charges were dismissed.
Pak, 49, was sentenced to 10 days in jail and placed on three years of formal probation.
–City News Service