The owner of a Columbia barbecue restaurant was arrested Friday morning after investigators say he failed to report more than more than $850,000 in income and $238,000 in sales over the course of four years.
The owner of Greenes Barbeque, James L. Greene is charged with 10 counts of felony tax evasion, including sales tax evasion, income tax evasion and liquor by the drink tax evasion, according to a state Department of Revenue release.
Between 2007 and 2009, revenue department investigators say, Greene filed false tax returns for his 5310 Farrow Road restaurant to get out of paying $15,690 in state sales tax. And because he falsified the restaurants earnings, investigators say, he failed to report $863,402 in gross income from 2006-2009. He owes $34,488 in state income tax.
Investigators also accuse Greene of evading an addition $2,214 in taxes on liquor sales.
If Greene is convicted of all charges, he could face up to 50 years in prison and up to $100,000 penalties. He is being held at Alvin S. Glenn detention center awaiting a bond hearing.