Industry News

Prosecutors Seek Prison for Susan Patrick in Tax Fraud Case

According to Cowboy State Daily, federal prosecutors are seeking two years in prison for Susan Patrick, co-owner of Wyoming-based media brokerage Patrick Communications and broadcasting company Legend Communications. Patrick pleaded guilty to hiding $10 million in business revenue and $9.5im million in personal income from the IRS. She has agreed to pay $2.5 million in restitution, plus interest, but is asking for probation or home confinement instead of prison, citing “ongoing health concerns.” But prosecutors say the government needs to send a message of deterrence consistent with the “median length of imprisonment for crimes like the one she committed,” which is 21 months. In pleading guilty, Susan Patrick said her husband and business partner Larry Patrick, and other business partners, were not aware of her actions. Read the Cowboy State Story here.