Columbiaville Man Indicted And Arrested For Filing False Tax Returns
Gary Woody, of Columbiaville, Michigan, was arrested and arraigned today in federal court on an indictment charging him with three counts of filing false tax returns, United States Attorney Barbara McQuade announced today. Ms. McQuade was joined in the announcement by Carolyn Weber, Acting Special Agent in Charge of the Internal Revenue Service, Criminal Investigation.
The three count indictment charges that for the tax years 2006-2008, Woody filed tax returns that he knew were false. Woody knew that he was not truthfully reporting income that he received from Technico Products, LLC. The alleged tax loss to the government for 2006-2008 was approximately $270,000.
The defendant faces a maximum term of imprisonment of three years on each count of the indictment. The defendant faces a fine of $250,000 per count. The actual sentence imposed, if Woody is convicted, would depend on a number of factors, including the advisory sentencing guidelines.
An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.
The case was investigated by Special Agents of the IRS-Criminal Investigation and is being prosecuted by U.S. Attorney’s Office in Flint, MI.