|Updated: 10/03/2012 4:51 pm
||Published: 10/03/2012 4:48 pm
LITTLE ROCK, AR – A Little Rock man is charged with three counts of income tax evasion. According to the Department of Justice, David Patrick Henry, Sr. underreported his taxable income from 2005 to 2007 by more than a half-million dollars.
The DOJ says during those three years, Henry reported his taxable income as $2,236 when it should have been $537,145. The DOJ says Henry owes $134,865 in taxes during that time.
If convicted, Henry faces a maximum penalty of 15 years in prison and a $750,000 fine.