Lawyer Jailed for Failing to Report Proceeds from Real Estate Development

Allison Tussey —  April 20, 2014 — 2 Comments

Randy Alan Carpenter, 56, Spruce Pine, North Carolina, an attorney, engineer and land surveyor, was sentenced by U.S. District Judge Graham Mullen to 27 months in prison for making false statements on his tax returns.

The defendant was also ordered to serve one year under court supervision and to pay $507,995 as restitution to IRS.

According to court records and the sentencing hearing, Carpenter received over $1.2 million in professional fees in 2005 and 2006 from his work at a failed real estate development near Spruce Pine, N.C., known as the “Villages of Penland.” Carpenter pleaded guilty to the tax charges in May 2013. As a condition of his plea agreement, Carpenter was also ordered to cooperate with the IRS in filing amended tax returns.

When announcing his sentence, Judge Mullen noted that although Carpenter’s sentencing was not intentionally set for April 15th, the court agreed with the prosecution’s argument that Carpenter’s sentence should be a general deterrent to those might be tempted to intentionally file false tax returns.

Carpenter will be ordered to report to the Federal Bureau of Prisons to begin serving his sentence upon designation of a federal facility. All federal sentences are served without the possibility of parole.

Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina, announced the sentence.

Joining U.S. Attorney Tompkins in making the announcement are Jeannine A. Hammett, Special Agent in Charge of the Internal Revenue Service – Criminal Investigation Division (IRS-CI), John A Strong, Special Agent in Charge of the Federal Bureau of Investigation (FBI) and Jon T. Rymer, Inspector General of the Federal Deposit Insurance Corporation, Office of the Inspector General (FDIC-OIG).

The investigation was handled jointly the FBI, IRS and FDIC-OIG. The case is being prosecuted by Assistant United States Attorneys Michael E. Savage and Courtney Bumpers of the U.S. Attorney’s Office in Charlotte and Trial Attorney Gregory Bailey of the U.S. Department of Justice’s Criminal Tax Division.

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2 responses to Lawyer Jailed for Failing to Report Proceeds from Real Estate Development

  1. North Carolina Insider OverCash (Gay at CMPD) weed smoker April 29, 2014 at 8:35 am

    Charlotte, North Carolina will start high speed rail service to Washington D.C. in 2018. Amtrak is relocating its headquarters to Charlotte, North Carolina in 2016. Amtrak will be building the largest hub in the United States. The president is looking forward to the high speed rail trip. We are going to leave Air Force One (747-200) in the hanger for once and ride in style at 105 miles per hour. The president is looking forward to the Charlotte Aquarium visit. The Aquarium in Atlanta is much larger and better but the president said Charlotte will never be Atlanta as much as they try! On a special note US Airways will be moving its hub out of Charlotte due to Bank Of America being closed in the city. (I CANT WAIT!) Betty and Gary Clawson said they will be the first to jump in front of the train!

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