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Tax Cheat Sentenced to Jail
KNOXVILLE, Tenn. – In a shocking verdict, a jury has found Joseph E. Armstrong, 59, of Knoxville, Tenn., guilty of filing a false tax return.
According to evidence presented during the four-day trial, Armstrong willfully failed to disclose over $300,000 in income from an investment activity on his 2008 federal income tax returns.
The investigation, led by the IRS-Criminal Investigation Division and the Federal Bureau of Investigation, revealed that Armstrong knowingly broke the law to avoid paying his fair share of taxes.
Assistant U.S. Attorneys Charles E. Atchley, Jr. and Frank M. Dale, Jr. represented the United States in the case, which was brought to court in U.S. District Court in Knoxville, Tenn.
Armstrong now faces a possible sentence of up to three years in prison, a term of supervised release of not more than one year, a fine of up to $250,000, a special assessment of $100, and restitution at his sentencing hearing on Nov. 30, 2016, at 10:00 a.m.
Law enforcement agencies from around the country have praised the joint investigation that led to Armstrong’s conviction, citing the importance of holding individuals accountable for their actions.
The conviction serves as a stark reminder that tax evasion will not be tolerated in our society. Armstrong’s case will serve as a warning to others who may be tempted to cheat the system.
The sentencing hearing will be held at U.S. District Court in Knoxville, Tenn. on Nov. 30, 2016, at 10:00 a.m.
Key Facts
- State: Tennessee
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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