Summary

David Guido, former owner and operator of Omni Petroleum Trading Corp., West Hurley, NY, was sentenced to 5 years’ probation by a U.S District Court judge in Central Islip, NY, for his role in a motor fuel tax evasion scheme. Guido is one of 15 defendants who pleaded guilty in May 1994 to criminal charges for evading payment of more than $34 million in gasoline excise taxes over a 3-year period. The defendants facilitated a series of sham gasoline transfers in order to conceal their tax liability. Federal excise taxes provide revenue for the Highway Trust Fund. Guido is the latest defendant to be sentenced as a result of investigations conducted by the Long Island Motor Fuel Task Force, comprising OIG, the Department of Justice, IRS, FBI, and New York State Department of Taxation and Finance.