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Justice News

Department of Justice
U.S. Attorney’s Office
District of South Carolina

FOR IMMEDIATE RELEASE
Friday, December 15, 2017

Mount Pleasant Woman Sentenced to 6 Months Imprisonment for Tax Charge

Charleston, South Carolina---- United States Attorney Beth Drake stated that Cynthia Cave, age 45, of Mount Pleasant, was sentenced in federal court in Charleston for three counts of Filing False Tax Returns, in violation of 26 U.S.C. § 7206(1). United States District Judge Richard Mark Gergel, of Charleston, sentenced Cave to 6 months imprisonment followed by 6 months home detention.

Evidence presented at the change of plea and sentencing hearing established that Cave intentionally filed false tax returns for three separate tax years knowing that they did not accurately reflect her income.  Specifically, Cave admitted that in 2010, she stated that her total income was $92,700, when in fact, her actual income was at least $148,262; in 2011, she stated that her total income was $99,975, when in fact her total income was at least $168,578; and in 2012, she stated that her total income was $95,400, when in fact her total income was at least $195,726.

Under the terms of a plea agreement reached between Cave and the Government, Cave agreed to pay Dr. Tom Funcik, her former employer, $130,000 to settle claims that she took excess compensation. Cave also agreed to pay restitution to the Government in the amount of $105,276 reflecting the tax loss to the Government.

The case was investigated by agents of the IRS and FBI.  Assistant United States Attorneys Matt Austin and Winston Holliday prosecuted the case.

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Topic(s): 
Tax
Component(s): 
Contact: 
Lance Crick (864) 282-2105
Updated December 15, 2017