Mt. Pleasant woman pleads guilty to tax fraud

Mt. Pleasant woman pleads guilty to tax fraud

CHARLESTON, SC (WCSC) - A judge will impose a sentence after a 46-year-old woman pleaded guilty to three counts of filing a false tax return, prosecutors say.

Cynthia Cave pleaded guilty in federal court to the three counts, corresponding to tax years 2009 through 2011, Asst. U.S. Attorney Matt Austin said.

"As the office manager, she received various forms of compensation that she did not report to the IRS," he said. "As a result, she owes the U.S. Treasury $105,276 in back taxes."

Prosecutors say she underreported her income by at least $55,000 in 2009, by at least $68,000 in 2010, and by at least $100,000 in 2011.

Prosecutors say a joint investigation by the IRS and FBI found that Cave worked as an office manager for a plastic surgery facility in Mount Pleasant.

As part of the plea, she agreed to pay her employer more than $130,000 to settle claims she received excess compensation, Austin said.

U.S. District Judge Richard Gergel will impose sentence after he reviews a report being prepared by the U.S. Probation Office, Austin said.

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