A Friendswood business owner has entered a guilty plea for filing false tax returns, admittedly concealing a significant amount of income to illegitimately receive federal benefits. William Christopher Womack, who operated Intents Services LLC, confessed to deliberately underreporting his income during the tax years 2019 to 2021, U.S. Attorney Nicholas J. Ganjei revealed.
Intents Services, a company specializing in leasing a variety of equipment, including tents and specialty vehicles in the Houston area, served as Womack's primary source of income. Womack's tactics for masking his earnings involved cashing business receipts through check-cashing businesses and creating fraudulent checks payable to non-existent employees and vendors. According to a statement from the U.S. Attorney's Office, Womack diverted these funds for personal splurges that ranged from boats and luxury vehicles, to RVs and tickets for sporting events.
During court proceedings, Womack acknowledged that his reported wages were significantly understated, citing figures as low as $12,000 annually. This strategy was employed to retain eligibility for Social Security benefits, which ranged between $15,672 and $16,121 across the three years in question. One startling admission involved his 2020 tax return, where he omitted $260,895 of income generated by Intents Services, as mentioned in an announcement made by the U.S. Attorney's Office.
Through his plea agreement, Womack also consented to the repayment of $219,599 to the IRS, representing the loss from the false tax filings for 2019 through 2021. He is scheduled for sentencing on October 14 by U.S. District Judge Jeffrey Brown. At that time, he faces a potential sentence of up to three years in federal prison and could be fined up to $250,000. Presently, he remains out on bond pending the sentencing hearing, as per the U.S. Attorney's Office. The investigation leading up to Womack's guilty plea was conducted by the IRS Criminal Investigation division. The case is now in the hands of Assistant U.S. Attorney Brad Gray.
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