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Naperville theater owner accused of evading $1.3 million in taxes

December 11, 2014

The owner of Hollywood Palms movie theater in Naperville is facing charges in two cases of tax evasion, fraud and failure to file tax returns, and he's accused of owing the state at least $1.3 million, prosecutors said Wednesday. Edwin C. "Ted" Bulthaup III, 57, of Woodridge, is accused of evading sales taxes and use taxes at the Naperville theater and at Hollywood Blvd theater in Woodridge, which he owned and operated until Feb. 10 of this year. "I've never committed fraud," Bulthaup said Wednesday in DuPage County court.

Source: http://www.dailyherald.com/article/20141210/news/141219869/
 
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