• Szen Pleades Guilty

    Posted by on December 19th, 2007 · Comments (2)

    From George King:

    Former Yankee traveling secretary David Szen yesterday pleaded guilty in federal court to filing a false tax return, admitted he failed to report more than $50,000 in tips from players and coaches and was fired by the club.

    Szen took a paid leave of absence in late July while the investigation was under way.

    “I was wrong, and for that I’m humbly sorry, your honor,” Szen told U.S. District Judge Mark Kravitz in New Haven, Conn.

    Outside court, he asked for forgiveness and apologized to his family, employer and friends.

    Szen, 56, was released on his own recognizance and will be sentenced March 7. Federal guidelines call for up to six months in prison for the felony conviction. He also faces a fine of up to $100,000 and will be required to pay $10,285 in back taxes plus interest and penalties.

    Authorities said the tax loss was $10,285 based on under-reporting of $53,350 over five years. Szen, whose reported 2005 income was $63,631, received tips ranging from a few hundred dollars to $10,000 for services provided to unidentified coaches and players during the baseball season.

    The position of Yankees traveling secretary paid an annual salary of $63,631 in 2005? In terms of net income, over the course of a calendar year, what is that, about $900 a week?

    No wonder why he didn’t report his tips. If I was clearing less than $200 a day and working as hard as he probably had to work, I’d be looking to make-up some ground where I could too.

    Comments on Szen Pleades Guilty

    1. bags
      December 20th, 2007 | 8:46 am

      In other words, you’d break the law too if you felt you were being underpaid? Nice, Steve. Nice.

    2. December 20th, 2007 | 9:12 am

      It was sort of a joke bags.

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