Columbia restaurant owner arrested for 10 tax evasion counts
Columbia, SC (August 17, 2012) --- The owner of Greene’s Barbeque in Columbia, James L. Greene, was arrested this morning for evading state taxes over the course of four years.
Officials from the SC Department of Revenue arrested Greene for 10 felony charges including three counts of sales tax evasion, four counts of income tax evasion and three counts of liquor by the drink tax evasion.
During 2007 through 2009, Greene filed false tax returns for the business, failing to report over $238,000 in sales for the restaurant and therefore evaded payment of $15,690 in state sales tax.
Greene failed to report $863,402 in gross income for tax years 2006 through 2009, because he did not report all of his earnings. As a result, Greene evaded $34,488 in state income taxes.
For tax years 2007, 2008 and 2009, Greene also evaded $2,214 in taxes as he incorrectly reported the restaurant’s liquor by the drink sales.
If convicted on all charges, Greene, 61, could face up to 50 years in prison and/or up to $100,000 in penalties. Greene is currently being held at the Alvin S. Glenn Detention Center in Richland County where he is awaiting a bond hearing.