Jeffery Jamison, Tax Fraud, Mississippi 2014

Jeffery Jamison, 57, of Brandon, and Ashley Davis, 30, of Jackson, have been exposed for their role in a tax fraud scheme. The duo pled guilty on Thursday, March 19, 2014 before Senior U.S. District Judge Tom S. Lee to intentionally failing to file a Form 8300 with the U.S. Department of the Treasury in relation to their business activities at a Jackson used car dealership known as Spirit Automotive.

According to the facts disclosed during the guilty plea, Jamison, the owner of Spirit Automotive, and Davis, his employee, accepted $13,400 in cash from an undercover special agent posing as a drug dealer. The pair arranged the purchase of the car to make it appear that Spirit Automotive had received less than $10,001 in cash for the vehicle by creating a false financing agreement.

IRS Criminal Investigation Acting Special Agent in Charge, Jerome R. McDuffie, stated that the defendants’ actions violate federal statute and provide an opportunity for drug dealers and others to launder their money at the expense of honest citizens and taxpayers.

The defendants, Jeffery Jamison and Ashley Davis, will be sentenced by Senior U.S. District Judge Tom S. Lee on June 4, 2015 at 9:30. They each face a maximum penalty of five years in prison and a $250,000 fine.

Jamison and Davis’s actions demonstrate a blatant disregard for the law and the importance of filing Form 8300 when receiving cash payments over $10,000. The case serves as a reminder of the consequences of engaging in such activities and the dedication of law enforcement agencies to upholding the law.

The case is a stark reminder of the need for honesty and transparency in business dealings, particularly when it comes to large cash transactions. The duo’s actions will have serious consequences, and the public can rest assured that law enforcement will continue to pursue those who engage in such activities.

The Grimy Times will continue to follow this case and provide updates on the sentencing of Jeffery Jamison and Ashley Davis.

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