A Warren County man entered a plea of guilty Tuesday in U.S District Court, Central District of Illinois, to one felony count of conspiracy to defraud the United States.
U.S. Magistrate Judge Byron Cudmore reported, in part, "I determined that the conditional guilty plea was knowing and voluntary, and that the offense charged is supported by an independent factual basis containing each of the essential elements of such offense. I therefore recommend that a pre-sentence investigation and report be prepared, and that the defendant be adjudged guilty and have sentence imposed accordingly."
William Caputo of Grand Valley, who is a Triumph Township supervisor, was charged on April 11 with one count of conspiracy to defraud the United States, three counts of income tax evasion, and one count of obstruction of a criminal investigation.
Caputo is employed by Trophy Bowhunters of Illinois (TBI) and is responsible for keeping track of the books, records and receipts of the business; scheduling and arranging hunts, securing deposits, accounts receivable, and paying costs associated with the hunting operation.
In count one, the government charged that Caputo, along with others, knowingly conspired to defraud the U.S. to prevent the IRS from collecting income taxes.
The first count further charged that for 2008, 2009, and 2010 Caputo gave tax records to a tax return preparer who relied on him to provide accurate and relevant information regarding income and expenses for TBI.
The guilty plea was accepted by the court, pursuant to a plea agreement. A document associated with the agreement was sealed by the court.
An existing bond was continued, and sentencing was set for March 11, 2014 at 2 p.m. in Springfield, Ill.