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Justice News

Department of Justice
U.S. Attorney’s Office
Northern District of Texas

FOR IMMEDIATE RELEASE
Wednesday, September 2, 2015

Federal Grand Jury Indicts Amarillo Man on Felony Tax Offenses

AMARILLO, Texas — A federal grand jury returned an indictment last week charging Randy L. Edwards with three counts of making and subscribing a false return, statement, or other document, announced U.S. Attorney John Parker of the Northern District of Texas.

Today, Edwards made his initial appearance in federal court in Amarillo before U.S. Magistrate Judge Clinton E. Averitte. 

The indictment alleges that Edwards, a resident of Amarillo, did willfully make, subscribe, and file tax year 2007, 2008 and 2009 Individual Income Tax Returns that failed to report his true income for each tax year.

In the return for tax year 2007, Edwards stated that tax year 2007 gross receipts income, specifically Schedule C, Line 1, was $702,104, when he well knew, that he failed to report all of his business gross receipts for that year totaling approximately $801,155.

In the return for tax year 2008, Edwards stated that tax year 2008 gross receipts income, specifically Schedule C, Line 1, was $835,604, when he well knew, that he failed to report all of his business gross receipts for that year totaling approximately $1,208,878.

In the return for tax year 2009, Edwards stated that tax year 2009 gross receipts income, specifically Schedule C, Line 1, was $728,861, when he well knew, that he failed to report all of his business gross receipts for that tax year totaling approximately $1,135,859.

A federal indictment is an accusation by a federal grand jury, and a defendant is entitled to the presumption of innocence unless proven guilty.  Upon conviction, however, the maximum statutory penalty for each count is three years in federal prison and a $250,000 fine.

Internal Revenue Service Criminal Investigation is conducting the investigation.  Assistant U.S. Attorney Tim Hammer is prosecuting the case.

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Topic(s): 
Tax
Component(s): 
Updated February 4, 2016