John Henry Hammond, the owner of BJ’s Furniture outlet in North Myrtle Beach, was arrested Monday on three counts of tax evasion.
Hammond owes more than $120,000 in back taxes to the state, according to a S.C. Department of Revenue release announcing his arrest.
“On the business’ sales tax returns from 2013 to 2015, Hammond reported a total of $1,398,959 in gross proceeds and $592,011 in deductions,” the release said. “However, the SCDOR investigation revealed actual gross proceeds totaling $2,667,211 and deductions totaling $244,904. Due to his fraudulent reporting, Hammond evaded $120,258 in sales tax.”
An employee of BJ’s declined to comment Monday morning. An attorney for Hammond has not yet been listed in the Horry County Public Index.
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He faces maximum fines of $10,000, and/or five years in prison for each charge. Hammond was booked into J. Reuben Long Detention Center at roughly 8:30 a.m. Monday.