UPDATE: 3 arrested for fraud, conspiracy charges involving kids' sports tournament
UPDATE (6:20 p.m.):
BENTON (KATV) — The prosecuting affidavit establishing probable cause in the case of Shane & Lara Pigue and their alleged bookkeeper Kimberly McClendon, says the investigation into the Pigue's started with the discovery of irregularities with "how money was being spent from the bank accounts of Kendall Shane Pigue and Lara Lynelle Pigue for the Wally Hall Tournament of Champions. According to the affidavit, it was found through the course of the investigation and through interviews with business owners that money was solicited from local businesses in and around Saline County for advertisement in the tournament's program book. An examination of financial documents and bank records revealed that much of the solicited income for the tournament was used for personal gain and not reflected on their tax returns as income to them. Click here to read the full affidavit.
UPDATE (3:00 p.m.): Channel 7 News has received a statement from the attorney for Shane and Lara Pigue.It says, in part: "The Pigues have a long and distinguished service with the local community. They have agreed to cooperate with the investigation and believe investigators made this decision without full information. Once all the facts are put together, we believe those facts will show, that if any errors were made, it was common accounting errors - not fraud."Click here to read the full statement.
ORIGINAL REPORT (9:35 a.m.): Authorities arrested three individuals for felony tax and computer related charges. Kendall Shane Pigue, 48, Lara Pigue, 46, and Kimberly McClendon 44, were arrested after a six month investigation. Benton Police and the Internal Revenue Service said the agencies launched the investigation due to suspicious and improper activity involving the Wally Hall Tournament of Champions. Lara and Shane Pigue are both charged with three counts of False or Fraudulent Report (Tax related), two counts of Failure to Pay or File Tax Returns, three counts of Criminal Conspiracy, and three counts of Computer Fraud. McClendon is charged with three counts of False or Fraudulent Report, three counts of Criminal Conspiracy, and three counts of Computer Fraud. Officials said additional charges could be filed, and the investigation is ongoing. Anyone with information about this crime is encouraged to contact the Benton Police Department at 501-778-1171 or 501-315-TIPS. Individuals also may send us an anonymous crime tip about this incident to CRIMES (274637) with the keyword BNPD in the body of the text or go to www.crimereports.com to leave a tip. A crime tip can also be submitted via the official Benton Police Department app found on ITunes and Google Play.
Article From:- http://katv.com