Internal Revenue Service says income for Mound business was understated on its 2008 tax return.
Charges filed last week in federal court allege a Long Lake man filed a false corporate income tax return for his business. John Joseph Bridge faces one count of filing a false return after allegedly understating the 2008 revenue of Fineline Lakeshore, Inc. Bridge, according tot he Department of Justice, is one of Fineline Lakeshore's three controlling partners and was responsible for providing accurate information to the company's tax preparers. The charges filed last week culminated an IRS investigation, and the case is being prosecuted by the U.S. Attorney's Office. Bridge faces a maximum penalty of three years in prison if convicted.