NEWS RELEASE
SOUTH CAROLINA DEPARTMENT OF REVENUE
Public Affairs Office
Contact: Danny Brazell
Phone: (803) 898-5464
E-mail: BrazelD@sctax.org

FOR IMMEDIATE RELEASE
January 25, 2007

Boiling Springs woman charged with tax evasion

A Boiling Springs woman was arrested today by South Carolina Department of Revenue investigators and charged with state income tax evasion.

Catherine Maddaloni-Smith, 41, is being held at the Spartanburg County Detention Center pending a bond hearing. She is charged with two counts of claiming fraudulent tax deductions on her 2002 and 2003 state tax returns.

Maddaloni-Smith is accused of falsifying business losses and business expenses to lower her state tax liability. The revenue department estimates she avoided paying more than $3,000 in state income taxes for the two years by claiming the fraudulent deductions.

She is facing up to 10 years in prison and fines of up to $20,000 if convicted of the charges.

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