Liquor Store Owner Gets 5-Year Sentence | Peoria News

Peoria News Today | 2 Min News | The Daily News Now! · Jul 13, 2026 · 1m

A former Peoria liquor store owner, Jalal Asad, just got a five-year federal prison sentence for a 20-year-old tax fraud scheme that cost the government millions. He and his crew ran a double-bookkeeping operation to hide sales and dodge taxes, even engineering financial moves to avoid bank scrutiny. After fleeing to the Palestinian territories in 2009, he returned last year and was arrested — while his brother and four others had already served time. Asad must repay over a million to the IRS, with more than four million seized, and he’ll begin serving his sentence in September. Justice…