State: S Carolina tobacco store owner didn't report $1.25M
Feb. 09, 2018
MANNING, S.C. (AP) — The owner of a South Carolina tobacco store is accused of failing to report more than $1.25 million in sales over a two-year period.
The South Carolina Department of Revenue said in a statement that Ibrahim Said was arrested Thursday on three counts of tax evasion.
The release says Said reported gross sales totaling $774,183 from 2014 to 2016 for Express Discount Tobacco, but the actual sales during that period were $2,032,511. The department says he thus evaded paying $100,666 in sales tax that was due to the state.
If convicted, Said faces fines of up to $10,000 and five years in prison for each count.
It's unclear whether he has a lawyer.