Timeshare salesman who failed to report $1.9M income sentenced

A timeshare salesman who failed to report $1.9 million in income for two years was sentenced to one year and one day in federal prison, according to a release.

John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, said 58-year-old Uri Fried, of Waunakee, was sentenced Wednesday by U.S. District Judge James D. Peterson for filing a false tax return.

Fried pleaded guilty on May 22, 2015.

Vaudreuil’s office said Fried did business as a timeshare wholesaler. As part of the plea process, Fried agreed that his unreported income from this business between 2008 and 2009 was $1,980,035 and that he owed $706,636 in federal taxes for those two years.

Peterson rejected Fried’s request for probation and stated that a prison sentence was necessary to promote respect for the law and to deter others who may be inclined to cheat on their taxes.