Corporation Owner/CEO Charged With Federal Income Tax Fraud
HOUSTON – Robert Earl Carter has been arrested following the return of a four-count indictment alleging false statement on his personal tax returns, announced United States Attorney Kenneth Magidson.
The indictment was returned under seal July 9, 2014, and unsealed today upon Carter’s arrest. He is expected to make his initial appearance before U.S. Magistrate Judge Stephen Wm. Smith at 2:00 p.m. today.
The indictment charges Carter, owner/CEO of Enterprise Advisory Services Inc., with willfully making materially false statements in his 2007, 2008, 2009 and 2010 personal federal income tax returns. According to the indictment, he allegedly under-reported the total income he had earned in each of those four years.
If convicted, Carter faces up to three years in federal prison and/or a $100,000 fine on each count.
The indictment was the result of an investigation conducted by Internal Revenue Service – Criminal Investigation and NASA - Office of Inspector General. Assistant U.S. Attorney Daniel C. Rodriguez is prosecuting.
An indictment is a formal accusation of criminal conduct, not evidence.
The defendant is presumed innocent unless and until convicted through due process of law.