Rocky Mount man faces prison after hyping crime-free living
A Rocky Mount man who urged local children to stay out of trouble is facing a maximum of 13 years in prison and $500,000 in fines after pleading guilty Monday to conspiracy to defraud the U.S. government and filing false tax returns.
Posted — UpdatedLarry Hill Jr. will be sentenced on Nov. 4. He made a name for himself in Rocky Mount after appearing in commercials and YouTube videos, asking children to live a crime-free lifestyle.
"As a local businessman, Larry Hill has held himself out to the public as the 'people’s champ.' His guilty plea today to a sweeping tax fraud conspiracy shows us that he was very much the opposite,” U.S. Attorney Thomas Walker said in a statement Monday.
From $1.5 million in refunds in 2010, to $5.4 million in 2011, to $7.5 million in 2012, prosecutors say most of the returns, including Hill’s own, were fraudulent. Prosecutors allege Hill’s tax preparers manipulated the Earned Income Tax Credit for low-income filers by falsely reporting interest income, withholdings and dependents and that Hill profited from each bogus return.
According to the criminal complaint, Hill collected an average of $1,000 for himself from each fraudulent refund check. He reported an income of $8,750 on his taxes for 2010. Authorities say it was more than that, but they did not provide an exact amount. All five of his tax preparation offices have shut down.
The WRAL Investigates team caught up with Hill in June at a used car sales business, where he is known as “the head honcho.” He declined to comment or refer to an attorney for comment, but he later emailed WRAL on June 28 to say that he shares "some of the blame" for his legal troubles.
"He without sin cast the first stone," he wrote.
Hill served time for a 2007 fraud conviction for an insurance scam related to staged automobile accidents. He still owes more than $70,000 in restitution in that case.
Related Topics
• Credits
Copyright 2024 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.