Last month a McDowell County pharmacist explained to an undercover Internal Revenue Service agent how he avoided paying taxes on gambling winnings and that he skimmed profits from his pharmacy according to a federal search warrant, which was unsealed Thursday.
The owner of the pharmacy was arrested last month on charges of conspiracy to evade reporting almost $2 million dollars from his gambling and a quarter million dollars from his pharmacy every year for about 5 years.
The pharmacist’s accountant has been helping federal investigators for over a year to try to get undercover agents near him.
The federal agents had managed to get the pharmacist on tape talking about deposits and withdrawals he had made, they also managed to get him on tape talking about how he hid 250,000 a year from the IRS and his gambling winnings, because he did not want to pay taxes on them, He also mentioned that he suspected the
IRS was investigating him.
According to the recording he told the undercover agent “I’m expecting any day they’re going to come.”
The authorities were also looking into the financial accounts of the pharmacists girlfriend and a friend of his who may have been moving money around for him, but neither have been charged yet.