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-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

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

Classic Aero-TV: Remembering Bob Hoover

From 2023 (YouTube Version): Legacy of a Titan Robert (Bob) Anderson Hoover was a fighter pilot, test pilot, flight instructor, and air show superstar. More so, Bob Hoover was an i>[...]

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

ANN's Daily Aero-Linx (05.15.24)

Aero Linx: B-52H Stratofortress The B-52H Stratofortress is a long-range, heavy bomber that can perform a variety of missions. The bomber is capable of flying at high subsonic spee>[...]

ANN's Daily Aero-Term (05.15.24):Altimeter Setting

Altimeter Setting The barometric pressure reading used to adjust a pressure altimeter for variations in existing atmospheric pressure or to the standard altimeter setting (29.92).>[...]

Aero-News: Quote of the Day (05.16.24)

"Knowing that we play an active part in bettering people's lives is extremely rewarding. My team and I are very thankful for the opportunity to be here and to help in any way we ca>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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