New York

Friars Club Executive Director Avoids Jail Time After Filing False Tax Returns

Prosecutors say Michael Gyure failed to report roughly $433,000 in compensation between 2012 and 2016

What to Know

  • New York's legendary Friars Club's executive director Michael Gyure won't be going to jail after pleading guilty to filing false tax returns
  • Prosecutors had asked Gyure be sentenced to 12 to 18 months in prison but his lawyers say he didn't deserve prison time
  • He failed to report roughly $433,000 in compensation between 2012 and 2016

The former executive director of New York's legendary Friars Club who pleaded guilty to filing false income tax returns will not be going to prison.

Michael Gyure was sentenced on Monday to one year of supervised release. Prosecutors say he failed to report roughly $433,000 in compensation between 2012 and 2016.

The New York Times reports that prosecutors had asked Gyure be sentenced to 12 to 18 months in prison, saying he sought to enrich himself at the expense of the club and its members.

Defense lawyers say the 51-year-old Gyure didn't deserve prison time and noted that he was given a new five-year employment contract with the club, but with no oversite of the club's finances.

Gyure started working at the Manhattan club known for celebrity roasts in 2008.

Copyright AP - Associated Press
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