Court convicts man for tax evasion in fraud case involving Goodyear

ATLANTA (Nov. 25)—An Atlanta man who took money from investors by convincing them he could get them Goodyear tire dealerships was sentenced to a year and a day in prison on a tax violation. Michael E. Eakin, 57, claimed he would take investors' money to purchase Goodyear's truck tire alignment division, but instead pocketed the funds, according to the U.S. attorney´s office. Eakin pleaded guilty before the U.S. District Court for the Northern District of Georgia found Eakin guilty of one count of not paying $119,397 in income tax on those funds. "Goodyear was a victim in this case too, since it was their good name Eakin used to defraud investors," said a spokesman for the U.S. attorney's office in Atlanta.