Owner of San Diego catering company, Ranch Events, sentenced for tax evasion
Sentence includes home incarceration, restitution
Last Updated: 66 days ago
SAN DIEGO - An owner of a San Diego catering company, who failed to declare $419,000 in catering income to the IRS in 2003, was sentenced Friday to six months home incarceration, six months home detention and ordered to pay nearly $223,000 in restitution.
Robert Peltier -- one of two principal owners of Ranch Catering, doing business as Ranch Events -- was sentenced by U.S. District Judge Janis Sammartino after his guilty plea on tax evasion charges.
“Given the difficult economic situation facing this country, it is imperative that we do not allow individuals to evade their duty to shoulder a fair share of the tax burden," U.S. Attorney Laura Duffy said. "Otherwise, honest citizens end up paying more than their rightful share."
According to its website, Ranch Catering is one of San Diego's "leading catering specialists, managing many exciting and unique venues and some of the largest Special Events in America."
Authorities said Peltier -- while operating the business in 2003 -- deposited proceeds from the business into accounts at two different banks. When it came time to prepare his tax returns, Peltier gave his tax preparer deposits from only one of the banks.
As a result, Peltier, 62, failed to declare $419,000 in catering income to the IRS. By concealing the income, Peltier caused Ranch Catering to evade paying $112,824 in taxes due and owing, authorities said.
Peltier's son, Jason, who is co-owner of the business, entered into a separate civil settlement with the IRS requiring him to pay an additional $505,435 in back taxes, penalties and interest.
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