Mesa accountant admits stealing from clients - East Valley Tribune: News

Mesa accountant admits stealing from clients

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Posted: Friday, August 14, 2009 6:18 pm | Updated: 2:34 am, Sat Oct 8, 2011.

A Mesa accountant who owned a tax return preparation company in Mesa and Scottsdale is facing up to 50 years in federal prison and $500,000 in fines for admitting he stole nearly $600,000 from clients for personal use.

Gregory A. Peters, 36, of Mesa, pleaded guilty in U.S. District Court on Thursday to one count of bank fraud and one count of filing a false tax return for the year 2002, according to the U.S. Attorney’s Office.

Peters, who owned PBS Tax Firm, admitted that he prepared and filed false municipal and state sales tax returns for clients, showing that little or no sales tax was owed, while at the same time collecting the proper amount of tax from the clients, according to the U.S. Attorney’s Office.

He will be sentenced Oct. 26.

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