U.S. Latest News

Man tries to avoid jail sentence by stealing money from his employer to pay the IRS

By Alexis Bell 6:45 AM November 20, 2017
Gary Troy Peacock

A man who did not want to go to jail for failing to pay the IRS (Internal Revenue Service) landed in hot water for taking money from his employer.

27-year-old Gary Troy Peacock of Florida was employed at a Microsoft store at Town Center in Boca Raton when he began stealing money from his employer by making fraudulent returns.

He managed to steal $43,000 from his employer and he used some of the money to pay his IRS bill.

Peacock, who is listed as homeless in jail records, faces charges of larceny between $20,000 and $100,000 and fraud between $20,000 and $50,000.

Peacock allegedly admitted to detectives that he processed fraudulent returns by reprinting customer’s sales receipts.

He then entered the items as returned for being defective.

Peacock then credited the amount of the returns to his credit card.

Peacock said he committed the theft in order to pay the IRS, living expenses, and to support his family.

Microsoft has sustained a loss of $43,165.58 as a result of Peacock’s thefts, according to police.

Peacock pleaded not guilty to both charges and was ordered not to have any contact with his former place of employment.