Quantcast

Woman sentenced to one year in prison for tax fraud - Live5News.com | Charleston, SC | News, Weather, Sports

N. Charleston woman sentenced to one year in prison for tax fraud

NORTH CHARLESTON, SC (WCSC) -

United States Attorney Bill Nettles announced on Friday that 30-year-old Latasha Failey of North Charleston was sentenced to a year in prison in federal court in Charleston for fraudulent tax preparation.

Judge Richard M. Gergel sentenced Failey to 12 months imprisonment and one year supervised release.

Evidence presented at the guilty plea established that Failey owned and operated Failey's Tax Service, a tax preparation business in North Charleston.

Authorities say Failey caught the attention of the Internal Revenue Service after an IRS fraud detection center identified a pattern of suspicious deductions on the tax returns that she prepared.

Based on this information, investigators say a search warrant was executed at Failey's business in March 2011, and her client files were seized.

After a thorough investigation, the IRS say they identified at least 145 false tax returns prepared by Failey and her employees in 2009-2011. According to authorities, these fraudulent tax returns caused a tax loss of approximately $500,000 to the U.S. Treasury.

"During tax filing season, return preparers and taxpayers should be aware of the serious consequences facing those who aid or assist in the filing of fraudulent tax returns," said Special Agent-in-Charge Jeannine A. Hammett, IRS-Criminal Investigation. "Those who fly in the face of the tax laws face investigation, prosecution, and if convicted, significant prison sentences and substantial fines." Today's sentence sends a strong message to unscrupulous return preparers who think they can get away with tampering with our nation's tax system."

Assistant United States Attorney Rhett DeHart of the Charleston office prosecuted the case.  The case was investigated by agents of the IRS-Criminal Investigative Division.  

Information provided by the United Stated Attorney District of South Carolina.

  • NEWS LocalNEWSMore>>

  • President Trump arrives in South Carolina to tour Florence damage

    President Trump arrives in South Carolina to tour Florence damage

    Wednesday, September 19 2018 12:23 PM EDT2018-09-19 16:23:29 GMT
    President Donald Trump is visiting the Carolinas in the aftermath of Hurricane Florence. (Source: CNN/Pool)President Donald Trump is visiting the Carolinas in the aftermath of Hurricane Florence. (Source: CNN/Pool)

    The Latest on President Donald Trump's visit to the Carolinas to review Hurricane Florence damage (all times local):

    More >>

    The Latest on President Donald Trump's visit to the Carolinas to review Hurricane Florence damage (all times local):

    More >>
  • Charleston police looking for missing runaway teen

    Charleston police looking for missing runaway teen

    Wednesday, September 19 2018 1:22 PM EDT2018-09-19 17:22:02 GMT
    Keyonna Felder was last seen Sept. 17 (Source: Charleston PD)Keyonna Felder was last seen Sept. 17 (Source: Charleston PD)
    Keyonna Felder was last seen Sept. 17 (Source: Charleston PD)Keyonna Felder was last seen Sept. 17 (Source: Charleston PD)

    Charleston police are asking for the public's help to find a missing teenager.  Keyonna Latriece Felder, 16, was last seen at 1385 Ashley River Road in Apartment C on Sept. 17 at 1 p.m. She was last seen by her mother on Sept. 11. 

    More >>

    Charleston police are asking for the public's help to find a missing teenager.  Keyonna Latriece Felder, 16, was last seen at 1385 Ashley River Road in Apartment C on Sept. 17 at 1 p.m. She was last seen by her mother on Sept. 11. 

    More >>
  • Army Corps grants final approval for Waterfront Park expansion

    Army Corps grants final approval for Waterfront Park expansion

    Wednesday, September 19 2018 11:42 AM EDT2018-09-19 15:42:05 GMT
    The renovated park will have 400 more feet of space along the Riverwalk (Source: Lowe Construction)The renovated park will have 400 more feet of space along the Riverwalk (Source: Lowe Construction)
    The renovated park will have 400 more feet of space along the Riverwalk (Source: Lowe Construction)The renovated park will have 400 more feet of space along the Riverwalk (Source: Lowe Construction)

    The Army Corps of Engineers has given the go-ahead for the planned expansion of Joe Riley Waterfront Park. DHEC and the Office of Ocean and Coastal Resource Management had already issued the state permits in May. 

    More >>

    The Army Corps of Engineers has given the go-ahead for the planned expansion of Joe Riley Waterfront Park. DHEC and the Office of Ocean and Coastal Resource Management had already issued the state permits in May. 

    More >>
Powered by Frankly