Tax Fraud Lands Former Canistota Woman Behind Bars

Veronica Fairchild, a 42-year-old woman from Canistota, South Dakota and Okoboji, Iowa, has been convicted of four counts of tax fraud following a federal jury trial in Sioux Falls, South Dakota. The charges, which carry a maximum penalty of three years in custody and/or a $250,000 fine on each charge, 1 year of supervised release, and a $100 special assessment to the Federal Crime Victims Fund, were announced by United States Attorney Brendan V. Johnson.

Fairchild was indicted by a federal grand jury on July 9, 2013, after an investigation revealed that she had failed to claim over $600,000 in income from performing private shows as an exotic dancer. The investigation was led by the Internal Revenue Service Criminal Investigation Division and prosecuted by Assistant U.S. Attorney Jeffrey C. Clapper.

The jury trial, which commenced on June 24, 2014, and concluded on June 26, 2014, resulted in Fairchild’s conviction on all four counts of the indictment. A presentence investigation has been ordered, and a sentencing date has been set for September 22, 2014. Fairchild was released on bond pending sentencing.

The investigation into Fairchild’s tax fraud scheme was sparked by the late filing of her 2005 through 2008 income tax returns in 2010. Bank records revealed that she had failed to claim the unreported income, which she claimed was a gift. The jury’s verdict serves as a reminder that tax evasion will not be tolerated and that those who attempt to cheat the system will be held accountable.

Veronica Fairchild’s conviction is a significant blow to those who seek to evade their tax responsibilities. The Internal Revenue Service Criminal Investigation Division and the U.S. Attorney’s Office have worked tirelessly to bring this case to justice, and their efforts have paid off.

The case against Fairchild serves as a warning to others who may be tempted to engage in similar behavior. Tax evasion is a serious crime that can result in severe penalties, including imprisonment and fines. It is essential for individuals to comply with tax laws and regulations to avoid facing the consequences of tax fraud.

As the investigation into Fairchild’s tax fraud scheme continues, it is clear that she will face the full weight of the law. The U.S. Attorney’s Office and the Internal Revenue Service Criminal Investigation Division will continue to work together to ensure that those who engage in tax evasion are held accountable for their actions.

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