Grand Valley man sentenced in federal court
William Caputo of Grand Valley was sentenced Monday to three years probation, a $5,000 fine and a mandatory fee of $100 in United States District Court, Central District of Illinois.
Caputo had entered a guilty plea last October to a felony count of conspiracy to defraud the United States.
Caputo, who was a Triumph Township supervisor prior to resigning after charges were filed, was charged on April 11, 2013, with one count of conspiracy to defraud the United States, three counts of income tax evasion, and one count of obstruction of a criminal investigation.
Caputo is employed by Trophy Bowhunters of Illinois (TBI) and is responsible for keeping track of the financial records of the business, scheduling and arranging hunts, securing deposits, accounts receivable, and paying costs associated with the hunting operation.
In count one, the government charged that Caputo, along with others, knowingly conspired to defraud the U.S. to prevent the IRS from collecting income taxes.
The first count further charged that for 2008, 2009, and 2010 Caputo gave tax records to a tax return preparer who relied on him to provide accurate and relevant information regarding income and expenses for TBI.
The other four counts were withdrawn in a plea bargain agreement.
During the sentencing hearing, Caputo made a motion to have his passport returned, and Judge Richard Mills granted his request with the stipulation that the fine and fee were paid first.