Businessman's Jet Siezed By The IRS For Tax Fraud | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Wed, Apr 11, 2012

Businessman's Jet Siezed By The IRS For Tax Fraud

Apparent Owner Charles Candler Had Committed Suicide During A Federal Investigation

A corporate jet connected to Knoxville, TN, businessman Charles D. "C.D." Candler has been siezed by the IRS as part of an investigation into a multi-state mortgage and investment fraud case. Candler committed suicide March 1st as the case unraveled.

The jet, a 1975 Sabreliner Sabre 60 was registered to a shell company with a Knoxville, TN, address linked to Candler, according to the Knoxville News Sentinel. It was siezed in Greenville, S.C., where one of Candler's companies had an office. He had reportedly bought the plane in 2009, and registered it with Benchmark Capital Investments LLC. At the time it was siezed this week, the plane's N number was assigned to "J. Allen Inc." The company had the same address as Candler's office in Knoxville, but the only company registered with that name by the Tennessee Department of State listed a different address and was dissolved in 1994.

There is a J. Allen and Associates, which is part of the federal investigation, but owner Joyce Allen has said she had no knowledge that Candler had registered the jet in the name of a company very similar to hers. The ownership records on the airplane are vague at best, and federal authorities said they do not think that Joyce Allen was told that the registration was occurring. She has never done business as J. Allen Inc.

FMI: www.irs.gov

Advertisement

More News

ANN's Daily Aero-Linx (05.04.24)

Aero Linx: JAARS Nearly 1.5 billion people, using more than 5,500 languages, do not have a full Bible in their first language. Many of these people live in the most remote parts of>[...]

NTSB Final Report: Quest Aircraft Co Inc Kodiak 100

'Airplane Bounced Twice On The Grass Runway, Resulting In The Nose Wheel Separating From The Airplane...' Analysis: The pilot reported, “upon touchdown, the plane jumped back>[...]

Aero-News: Quote of the Day (05.04.24)

"Burt is best known to the public for his historic designs of SpaceShipOne, Voyager, and GlobalFlyer, but for EAA members and aviation aficionados, his unique concepts began more t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Read/Watch/Listen... ANN Does It All

There Are SO Many Ways To Get YOUR Aero-News! It’s been a while since we have reminded everyone about all the ways we offer your daily dose of aviation news on-the-go...so he>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC