GREENE COUNTY, Tenn. (WJHL)- Officials with the Tennessee Department of Revenue have announced the arrest and indictment of a Greene County businessman on charges of tax evasion and theft.
Billy Wayne Wise, 56, was indicted by a Greene County Grand Jury Tuesday on 36 felony counts of tax evasion and one felony count of theft of property over $10,000.
According to a release the indictments allege, “Wise failed to remit sales tax due for Bill’s Repair Shop, as required by law.”
That release also said, “If convicted, Wise could be sentenced to a maximum of two years in the state penitentiary and fined up to $3,000 for each count of sales tax evasion. He could also be sentenced to a maximum of four years in the state penitentiary and fined up to $10,000 for theft.”
We’re told Wise was arrested by Revenue special agents and Tennessee Highway Patrol investigators.
Bond for Wise was set at $100,000.