VanDeHeede faces federal tax fraud charge


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Posted Online: Nov. 08, 2012, 10:36 pm
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By Anthony Watt awatt@qconline.com
A Silvis businessman has been accused of federal tax fraud.

An indictment filed Wednesday in the U.S. Central District of Illinois, which includes Rock Island County, alleges Mike VanDeHeede filed false tax returns from 2006 to 2008.

When contacted Thursday afternoon by the Rock Island Argus and The Dispatch, Mr. VanDeHeede said he had not been notified of the indictment. He later confirmed the indictment after checking with federal authorities.

The case appears to be related to a company he used to work for, Mr. VanDeHeede said. He added he did not know anything more about it late Thursday afternoon.

"I'm sure this will all be cleared up," he said.

Mr. VanDeHeede is a member of the River Eagle group — which also includes Matt Stern, Dan Murphy and state Sen. Mike Jacobs, D-East Moline — which has unveiled redevelopment plans for property in East Moline.

In 2010, the group announced it had bought 132 acres of the former Case-New Holland site for about $1.5 million with the intention of developing the land into a mixed business and residential district. Initially called Port of Call Quad Cities, the project has been renamed Fountainhead of the Quad Cities.

The indictment does not mention River Eagle or any of its members other than Mr. VanDeHeede.

















 



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