• Sat. Apr 17th, 2021

Wood Ridgaway Pleads Guilty to Filing False Tax Return

Wood Ridgaway Pleads Guilty to Filing False Tax Return

Max Meadows Man, Matthew Wood Ridgaway Pleads Guilty to Filing False Tax Return

ABINGDON, VA (STL.News) A Max Meadows, Virginia man, who willfully filed false tax returns for tax years 2014 through 2016, pleaded guilty yesterday in U.S. District Court in Abingdon, to a federal felony of willfully filing a false tax return, Acting United States Attorney Daniel P. Bubar and Special Agent in Charge Kelly R. Jackson of the Internal Revenue Service-Criminal Investigations announced today.

Matthew Wood Ridgaway, 61, waived his right to be indicted and pleaded guilty yesterday to one count of willfully filing a false tax return.  A sentencing, Ridgaway faces a maximum possible sentence of three years in prison and/or a fine of $250,000.  A sentencing hearing has been scheduled for June 17, 2021, at 10:30 a.m.

According to court documents, for tax years 2014 through 2016, Ridgaway failed to disclose on his Forms 1040 income tax returns over $130,000 in payments he received as rental income from properties he owns.

The investigation of the case was conducted by the Internal Revenue Service – Criminal Investigation.  Assistant United States Attorney Randy Ramseyer is prosecuting the case for the United States.

SOURCE: USDOJ.Today

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