Ogden bars owners indicted on tax-evasion charges
The owners of an Ogden sports bar have been indicted on tax-evasion charges for allegedly not recording cash receipts on the business' books and then not including the income on tax returns.
Robert R. Watson, 52, and Marie M. Watson, 51, of Pleasant View, were charged with conspiracy to defraud the United States and with making and subscribing to a false tax return, in a nine-count indictment handed up by a federal grand jury Wednesday.
The Watsons allegedly failed to record substantial cash receipts from Teazers Sports Bar & Grill in Ogden from 2004 through 2008 and prepared financial records for the club knowing that the cash receipts were not included, according to the indictment.
The indictment also alleges the couple used cash from Teazers to pay personal expenses and did not report that to their tax preparer or to the IRS.
The Watsons were summoned to appear for an arraignment on April 19. The potential penalty for the conspiracy count is up to five years in prison. Filing false returns carries a potential penalty of up to three years in prison. They also could be fined up to $250,000 for each of the counts in the indictment.