From Local 3 News: The Special Investigations Section of the Tennessee Department of Revenue conducted an investigation that led to indictment and
From Local 3 News: The Special Investigations Section of the Tennessee Department of Revenue conducted an investigation that led to indictment and arrest of 26-year-old Cody L. McBroon, according to a press release on Monday.
The release says McBroon was arrested for two counts of tax evasion and booked into the McMinn County Jail on Friday.
“The Department of Revenue strives to promote voluntary compliance of Tennessee’s tax laws by educating taxpayers and aggressively pursuing criminal sanctions for accountability of fraudulent actors,” Revenue Commissioner David Gerregano said in the release. “This arrest underscores the department’s efforts to ensure for a level playing field for businesses and a fair administration of Tennessee’s tax laws.”
If convicted, McBroon could be sentenced to a maximum of two years in the state penitentiary and fined up to $3,000 for each count.
The department is pursuing the criminal case in cooperation with District Attorney Shari Tayloe’s office.
If you suspect violations of Tennessee’s revenue laws, you are asked to call the toll-free tax fraud hot line at (800) FRAUDTX (372-8389).