United States v. Ballard Daniels

GEE, Circuit Judge:

After graduating from high school and working at various jobs in the wholesale snack food distribution business, Ballard Daniels built a successful snack food distributorship, selling primarily Frito-Lay products to retail stores on a cost-plus basis. The company, Daniels Sales Company, was owned and operated by Daniels as a sole proprietorship. In the early years of his business, Daniels kept the company’s records without the aid of a bookkeeper. In 1965 or 1966, however, he was advised by the state Workman’s Compensation Department to employ a bookkeeper in order to…