Courts & Crime

January 3, 2013

Idaho man, Overstreet, loses resort in Mexico after IRS sting

The beachfront property on the Baja California peninsula was remote and undeveloped when Thomas Dale Overstreet bought it for $25,000 in 1995. Over the next 15 years, the small-town Idaho bar owner pumped money into a resort project and kept it in the name of his 20-year-old son, a Mexican citizen. Overstreet was ready to sell his Fruitland bar in 2011 and retire to his personal paradise, but an undercover IRS investigation brought criminal charges that ended with his sentencing last month in a Boise federal courtroom.

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