Caribou resident found guilty of income tax fraud

    Following a 5-day trial in U.S. District Court in Bangor, a jury convicted David G. Young, 61, of Caribou, of one count of conversion of government money and three counts of income tax fraud.     According to Paula D. Silsby, U.S.  attorney, testimony and evidence admitted at trial revealed that Young’s mother-in-law, a recipient of civil service retirement system benefits, died in February of 1997. From September 2004 until September 2005, Young stole and converted to his own use the civil service retirement benefits that were made to his deceased mother-in-law.
    From April 2004 until April 2006, Young lied on his U.S. individual incometax return (1040) for the years 2003,’04 and ‘05, by omitting the benefits he had fraudulently received.
    Silsby praised the investigation conducted by the U.S. Office of Personnel Management, Office of Inspector General, The U.S. Secret Service and the Internal Revenue Service.
    Young faces a sentence of up to 10 years’ imprisonment, up to three years’ supervised release, and up to a $250,000 fine, or both. Restitution may also be ordered.
    Young was released on bond pending imposition of sentence.