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Buffalo News: Frank Parlato Speaks Out on Plea Deal Outside the Courthouse

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by
Frank Parlato
Frank Parlato

I am now a convicted felon. I am scheduled for sentencing on December 7, 2022. That is Pearl Harbor Day.

As I have always done, I will continue to report on all matters I find of interest.

Now that I am not preparing for trial, I will have more time to devote to specific investigations.

I will also examine my own case.  I plead guilty to a single count of failing to file an IRS form 8300 in 2010.

The IRS requires an 8300 form for cash receipts above $10,000 in a given year. I failed to report that I took in cash – about $19,000 – in 2010;

To be 100 percent clear, though I failed to file the 8300 form, I DID report the $19,000 on my income tax returns. I paid taxes on the $19,000.

The DOJ dropped all 18 charges against me.

I did an interview with Aaron Besecker of the Buffalo News. He videoed it and published it on YouTube.

Below are the two videos – fresh out of court on August 5, 2022.

Besecker is a news reporter. He knew of my project in Niagara Falls, which was the second focus of the DOJ investigation after the Bronfman sisters launched an investigation of me in 2011.

Besecker also wrote a news story about the hearing.

https://buffalonews.com/news/local/crime-and-courts/frank-parlato-pleads-guilty-to-failing-to-file-irs-form/article_2f556b86-14b8-11ed-be42-97a218c8be37.html

 

https://frankreport.com/wp-content/uploads/2022/08/Frank-Parlato-says-failing-to-file-IRS-document-was-all-anybody-could-find-after-an-intense-7522491659754739.mp4

https://www.youtube.com/watch?v=W4OUvruJ0jg

Aaron Besecker:

How do you feel about this being all resolved? What’s your take away from this?


Frank Parlato: 

Well, I’m 67 years old, and this investigation began in 2011. So I’ve invested about 17 percent of my life in this case.


Following a development of a very successful project.  It wasn’t a failure. This was a success, and through it all I built a good project, and it’s still going strong. And one day I didn’t file one document, and that was all that anybody could find after an intense scrutiny for all these years.


So I think I left a legacy of success, and I want to move on. And I’ve got other things in mind.



https://frankreport.com/wp-content/uploads/2022/08/Frank-Parlato-says-failing-to-file-IRS-document-was-all-anybody-could-find-after-an-intense-3597551659758575.mp4


Aaron Besecker:

What are you thinking about your possible sentence?

Frank Parlato:

Well, that’s entirely up to the judge. You know he’s, I think he’s a very distinguished jurist, a man of incredible intelligence.

I’m deeply respectful of this judge, and I think that I was fortunate to have good people in this whole legal scenario. Great, truly intelligent and fair-minded judge.


And you know when you go to the judge, you go to justice. That’s what Aristotle said, and I believe that.


I think I get justice from him.


I do think the prosecutors are reasonable, and you know I had a few changes that I felt were important, and they were kind enough to accommodate it.


So will I be sentenced to prison? I don’t know. Maybe. I’m prepared to do that, and I’ll do my very best, whatever happens.


But I do think that I’m entitled to a chance to explain what I did and why I did it.


And please keep in mind there was only one document, one time 12 years ago, and measured against a great deal of success.

***

I will have more to report on this and other topics shortly.