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Wednesday, May 12, 2010

Department of Justice

United States Attorney James R. Dedrick Eastern District of Tennessee


FORMER KNOX COUNTY LAW DIRECTOR PLEADS GUILTY TO TAX CRIME

KNOXVILLE, Tenn—William S. Locket, Jr., 55, of Knoxville, Tennessee pled guilty in federal court today before the Honorable H. Bruce Guyton, United States Magistrate Judge, to an information charging him with one count of violating 26 U.S.C. § 7203, willful failure to file a federal income tax return.

On April 27, 2010, United States Attorney James R. Dedrick filed an information in the United States District Court charging Lockett with violating this statute.

According to court documents, Lockett has admitted that for tax years 2006 and 2007, he willfully failed to file federal income tax returns to avoid the payment of taxes. Lockett failed to file these returns even though he had income in 2006 of $122,733 and in 2007 of $107,365. This failure to file caused a tax loss to the United States of $16,118.

Judge Guyton has scheduled Lockett's sentencing for August 24, 2010, at 9:30am. Lockett could receive a sentence of up to one (1) year imprisonment and a fine of up to $100,000. The court may also order him to pay penalties and interest along with the costs of prosecution. This investigation was conducted by the Internal Revenue Service, Criminal Investigation Division. Assistant U.S. Attorney Charles E. Atchley, Jr. represented the United States.

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