Red River businessman sentenced for false tax returns

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ALBUQUERQUE, N.M. (KRQE)— A Taos County businessman has been sentenced for a federal tax conviction.

Robert Banos, the 46-year-old owner of Old Tymer’s Cafe and Bighorn Sports and Rental in Red River was sentenced Tuesday to 15 months of jail time in addition to $182, 771 restitution to the IRS.

Banos was charged with five counts of filing false tax returns and violating federal tax laws from the years of 2009 to 2013.

He reported having a negative income in the tax returns he filed during those tax years.

During his 2017 indictment, Banos pled guilty to one count, admitting that in underreporting his true income, a tax return preparer would use his false data to submit Banos’ returns.

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