Beach tourism business owner sentenced to two years for tax evasion, ordered to pay $1M in restitution

The owner of two Virginia Beach tourism businesses was sentenced Thursday to two years in federal prison for tax evasion, according to the U.S. Department of Justice.

David A. Parker, 49, of Virginia Beach was also ordered to pay $1,070,358.26 in restitution and a fine of $50,000. He owns Rudee Inlet Jet Skis and Adventure Parasail Inc., companies that provide jet ski rentals and parasailing tours at the Oceanfront, and was also a partner in Duck Parasail Inc. in Duck, N.C., according a Justice Department release on the sentencing.

Previous: Owner of jet ski, parasailing business guilty of tax evasion

With his guilty plea in October, Parker admitted to failing to file individual federal income tax returns from 2005 until 2011 and declined to file business income tax returns after 2007.

Parker ignored attempts by the IRS over several years to recoup his tax balance, and in 2012 he told an officer he had little money and could not pay his balance, according to the statement of facts filed with his guilty plea. In the weeks after that meeting, Parker purchased nearly $50,000 in gambling chips at casinos in Florida and Atlantic City, according to the statement of facts.

Assistant U.S. Attorney V. Kathleen Dougherty prosecuted Parker, and U.S. District Judge Arenda L. Wright Allen sentenced him in Norfolk.

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