Monday, September 10, 2012

Former North Carolina airline pilot sentenced for tax fraud after paying almost nothing to IRS for years

CHARLOTTE, N.C. — A former airline pilot from North Carolina has been sentenced to 10 years in federal prison after paying almost nothing in income taxes for more than a decade.

Prosecutors said Charles A. Davis of Mooresville failed to file timely tax returns from 1996 to 2007, despite earning up to $190,510 in annual salary. The former US Airways pilot was sentenced Monday in federal court.

Evidence introduced at trial earlier this year showed Davis also filed years of false returns requesting tax refunds of up to $1.5 million. While not paying his taxes, Davis drove a Ferrari and lived in a waterfront home on Lake Norman.

Read more:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.