Businessman put behind bars for evading taxes


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  • | 4:16 p.m. August 9, 2013
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TAMPA — Businessman John D. Stanton III was sentenced to 10 years in prison and ordered to pay restitution of $37.8 million for failing to file personal tax returns, as well as corporate returns for Cast-Crete Inc.

Stanton, 64, was convicted in December but his sentencing was delayed until Thursday at his attorney's request. He has been jailed since September 2012.

Once an Ernst & Young auditor, Stanton joined Ralph Hughes at Florida Engineered Construction Products Corp. in 1981, court records show. Stanton eventually became president and co-owner of the Seffner-based company, better known as Cast-Crete, with Hughes, who died in 2008.

 

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