WEST BATH, Maine (AP) — The former president of a Maine heating oil and convenience store company has been convicted of diverting $1.3 million in sales and fuel taxes that were supposed to go the state.
Maine Attorney General William Schneider says Philip Sewall was convicted Wednesday in West Bath District Court on three counts of failure to pay the taxes. The court ordered him to pay $50,000 within a year on top of the $225,000 he has already paid to Maine Revenue Services.
Sewall was the head of M.W. Sewall & Co. in Bath. M.W. Sewall filed for bankruptcy in 2009 and its assets are being sold. The company has emerged from bankruptcy under new ownership.
Schneider said Sewall took the taxes in 2009 and used them to pay himself and for business expenses.
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