Internal Revenue Service

According to a press release issued by the U.S. Attorney's Office, Northern District of Texas, Ron Paolucci, once among the winningest owners in the sport, has been sentenced to 52 months in prison and ordered to pay more than $38.9 million in restitution to the IRS. The story was first reported by the Blood-Horse. Paolucci, the 55-year-old co-founder of American Management Staffing (AMS), was charged by felony information in January 2023 and pleaded guilty a month later to conspiracy to defraud the United States and making and subscribing a false...