Two Individuals Indicted For Conspiracy To Defraud The IRS And Filing False Tax Returns
NASHVILLE, Tenn.- Jeffrey Cephus McCoy, 68, and Andra L. McCoy, 65, both of Brentwood, Tenn. were arrested by IRS agents this morning and charged with filing false tax returns and with conspiracy to defraud the United States in the collection of income taxes, announced David Rivera, U. S. Attorney for the Middle District of Tennessee. Both were indicted by a federal grand jury in Nashville on August 13, 2014.
According to the indictment, beginning in 2002, the McCoys conspired to defeat the lawful function of the Internal Revenue Service in its assessment, computation, and collection of income taxes. The McCoys are alleged to have filed false and fraudulent joint tax returns for tax years 2003- 2007, which included hundreds of thousands of dollars in false and fictitious withholding amounts.
The indictment also alleges that the McCoys placed assets in the names of others and submitted false and fraudulent paperwork to the IRS in order to obstruct the IRS’s assessment and collection of their taxes. During the times alleged in the indictment, Jeff McCoy earned compensation for his services as a radiologist from various healthcare providers with whom he contracted.
If convicted, each defendant faces up to five years in prison and a fine of $250,000 on the conspiracy charge, and three years in prison and a fine of up to $250,000 on each of five counts of filing a false tax return.
This investigation was conducted by the Internal Revenue Service – Criminal Investigation. Assistant U.S. Attorney Kathryn W. Booth represents the government.
An indictment is merely an accusation and is not evidence of guilt. The defendants are presumed innocent unless and until proven guilty in a court of law.