A suburban man cheated the state out of nearly $1 million in gasoline sales taxes at two stations he owns, the Illinois Attorney General's office announced today.
Samer T. Farhan, 32, was arrested Thursday near his Palos Hills home and faces multiple felony charges of filing fraudulent sales and use tax returns, mail fraud, and money laundering, according to the attorney general's release.
The charges allege that from May 2008 to April 2011 Farhan underreported sales totaling $975,000 at his two gas stations: a Citgo at 2959 W. Fulton St. in Chicago and a Valero at 1812 E. Sibley Blvd. in Calumet City.
The attorney general's office also said Farhan tried to launder more than $200,000 in a bank account based in Amman, Jordan.
"This is the largest case of gas sales tax fraud that we have uncovered yet," Attorney General Lisa Madigan said in the release.
A bail of $1 million cash was set for Farhan today in bond court, according to the attorney general's office. His next court date was set for March 21.Copyright © 2015, The Baltimore Sun