Ky.BrownBourbn
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Former pilot sentenced to 10 years in prison for fraud
IRS says he filed false returns to avoid paying taxes
By Gary L. Wright
[email protected]
Posted: Monday, Sep. 10, 2012
A former US Airways pilot was sentenced Monday to 10 years in prison for tax fraud. Charles A. Davis, 63, also was ordered to pay $538,569 in restitution to the IRS.
In March 2012, a federal jury convicted Davis, formerly of Mooresville, of 10 counts of filing false tax returns and one count of obstructing the IRS.
Davis was employed as a pilot for US Airways from 1983 through 2011. Federal prosecutors alleged that Davis failed to file timely income tax returns from 1996 through 2007. Prosecutors said they presented evidence that Davis, during the time he failed to pay taxes, drove a Ferrari and a Mercedes, and lived in a lakefront home on Lake Norman.
Little or no federal income tax was withheld from Davis’ wages from 1997 through 2005 because he had falsely represented that he was exempt from income tax withholding, according to prosecutors.
Prosecutors said evidence during the trial established that Davis had filed five fraudulent amended income tax returns for 1996 through 2000, falsely claiming that he earned little or no adjusted gross income in each of those years.
Davis filed five fraudulent individual income tax returns for 2004 through 2008, reporting false amounts of federal income tax withheld for each of those years and requesting fraudulent refunds from the IRS of up to $1.5 million, prosecutors alleged.
Prosecutors alleged that during the IRS’ efforts to collect Davis’ tax debt, Davis obstructed and impeded the agency by submitting fraudulent payment documentation and concealing his assets and income. Davis also used a fraudulent address in Texas to avoid paying state income taxes, and currently owes the N.C. Department of Revenue more than $150,000, according to prosecutors.
Wright: 704-358-5052
Read more here: http://www.charlotteobserver.com/20...ilot-sentenced-to-10-years.html#storylink=cpy
IRS says he filed false returns to avoid paying taxes
By Gary L. Wright
[email protected]
Posted: Monday, Sep. 10, 2012
A former US Airways pilot was sentenced Monday to 10 years in prison for tax fraud. Charles A. Davis, 63, also was ordered to pay $538,569 in restitution to the IRS.
In March 2012, a federal jury convicted Davis, formerly of Mooresville, of 10 counts of filing false tax returns and one count of obstructing the IRS.
Davis was employed as a pilot for US Airways from 1983 through 2011. Federal prosecutors alleged that Davis failed to file timely income tax returns from 1996 through 2007. Prosecutors said they presented evidence that Davis, during the time he failed to pay taxes, drove a Ferrari and a Mercedes, and lived in a lakefront home on Lake Norman.
Little or no federal income tax was withheld from Davis’ wages from 1997 through 2005 because he had falsely represented that he was exempt from income tax withholding, according to prosecutors.
Prosecutors said evidence during the trial established that Davis had filed five fraudulent amended income tax returns for 1996 through 2000, falsely claiming that he earned little or no adjusted gross income in each of those years.
Davis filed five fraudulent individual income tax returns for 2004 through 2008, reporting false amounts of federal income tax withheld for each of those years and requesting fraudulent refunds from the IRS of up to $1.5 million, prosecutors alleged.
Prosecutors alleged that during the IRS’ efforts to collect Davis’ tax debt, Davis obstructed and impeded the agency by submitting fraudulent payment documentation and concealing his assets and income. Davis also used a fraudulent address in Texas to avoid paying state income taxes, and currently owes the N.C. Department of Revenue more than $150,000, according to prosecutors.
Wright: 704-358-5052
Read more here: http://www.charlotteobserver.com/20...ilot-sentenced-to-10-years.html#storylink=cpy
