Mt. Pleasant woman indicted for wire fraud, filing false tax returns

Mt. Pleasant woman indicted for wire fraud, filing false tax returns

NORTH CHARLESTON, SC (WCSC) - A 45-year-old Mount Pleasant woman has been indicted for wire fraud and filing false tax returns.

Cynthia Cave is charged with devising a scheme to defraud her employer, a plastic surgery practice in Mount Pleasant, starting from 2007 through 2011.

According to the indictment, Cave used her position as office manager to use the medical practice's funds to pay for, among other things, personal services, retail items, meals, and travel, all unrelated to the practice and without the knowledge or authorization of the practice's owner.

The indictment also alleges that Cave willfully made and subscribed false Form 1040s in three separate tax years that she did not believe to be true and correct as to every material matter.

Authorities say the maximum penalties that Cave could receive are 20 years imprisonment if convicted of wire fraud and 10 years imprisonment if convicted for filing a false tax return.

The Indictment is the result of an investigation conducted by the Federal Bureau of Investigation and the Internal Revenue Service.

Assistant United States Attorney Matt Austin of the Charleston office is prosecuting the case.

US Attorney Bill Nettles said the charges in the indictment are merely accusations and that the defendants are presumed innocent until and unless proven guilty.

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