Monroe County Resident Arrested for Tax Evasion
MADISONVILLE - The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to the indictment and arrest of Lowry Halden Jones.
Jones, 63, surrendered today to special agents at the Monroe County Sheriff’s Department. Bond was set at $3,000. On Monday, a Monroe County Grand Jury indicted Jones on one Class E felony count of tax evasion.
“The Department of Revenue promotes voluntary taxpayer compliance by educating taxpayers, aggressively pursuing criminal sanctions and demanding accountability when taxpayers engage in fraudulent activity," Revenue Commissioner David Gerregano said. "This indictment underscores the Department's ongoing efforts to enforce Tennessee's tax laws."
If convicted, Jones could be sentenced to a maximum of two years in the state penitentiary and fined up to $3,000 for the count of tax evasion.
The Department is pursuing this criminal case in cooperation with District Attorney Stephen Crump’s office. Citizens who suspect violations of Tennessee's revenue laws should call the toll-free tax fraud hot line at (800) FRAUDTX (372-8389).
The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws, as well as the collection of taxes and fees associated with those laws. The Department collects around 87 percent of total state revenue. During the 2019 fiscal year, it collected $15.3 billion in state taxes and fees and more than $3 billion in taxes and fees for local governments. To learn more about the Department, visit www.tn.gov/revenue.