Missouri News: Republic Man, Clinton Tackitt Sentenced for SBA Loan Fraud, Failure to Pay Employment Taxes

SPRINGFIELD, MO – A former business owner was sentenced in federal court yesterday for providing false information in order to receive a $1.45 million loan, and for failing to pay employment taxes for the now-defunct business.

Clinton Tackitt, 44, of Republic, was sentenced by U.S. District Judge Beth Phillips to two years in federal prison without parole.  The court also ordered Tackitt to pay $1,571,578 in restitution to the Small Business Administration, Guaranty Bank and the IRS.

Continue reading Missouri News: Republic Man, Clinton Tackitt Sentenced for SBA Loan Fraud, Failure to Pay Employment Taxes at STL.News.



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