Allan Siebert pleads guilty to tax evasion, illegal gambling | Arkansas Blog

Friday, October 20, 2017

Allan Siebert pleads guilty to tax evasion, illegal gambling

Posted By on Fri, Oct 20, 2017 at 2:51 PM

RAID SITES: When machines were seized at Seibert operations/
  • RAID SITES: When machines were seized at Seibert operations/

The U.S. attorney's office announced today that Allan Siebert, 75, of Little Rock had pleaded guilty to a two-count federal charge of tax evasion and operating an illegal gambling business.

Siebert will be sentenced later, but in an apppearance in federal court today he agreed to pay $331,821 restitution to the IRS and two forfeit two pieces of real property and more than $1 million in proceeds from the gambling operation.

This investigation was tipped back in May, when officers raided gambling operations on Chicot Road and Arch Street Pike in Southwest Little Rock.  These and other operations in Arkansas have flourished in recent times. Operators claim the game require an element of skill and they nominally pay off in merchandise.

U.S. Attorney Cody Hiland was quoted in a news release:

“For nearly a decade this defendant broke the law, but today his illegal conduct caught up with him,. Mr. Seibert not only defrauded the United States, he also exploited the hundreds of people he took money from over the years with his illegal gaming machines. This case should send a message to the Eastern District of Arkansas that our office will not tolerate this type of behavior.”
The government said Siebert operated the Chicot Game Room for almost 10 years, beginning in August 2007. It said he used machines that were illegal under state law. The taxes he was made to repay covered evasion between January 2012 and October 2016. The government said Siebert withheld cash from business deposits, funneled the money to personal properties and has his account prepared false federal tax returns for 2012-2015. As Al Capone learned, even money made illegally is subject to the income tax.

Five years is the maximum sentence for each of the crimes. The IRS and Little Rock police were part of the investigation.

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