Department of Justice
U.S. Attorney’s Office
District of South Carolina
FOR IMMEDIATE RELEASE
Monday, March 14, 2016
Mount Pleasant Woman Indicted for Wire Fraud and Filing False Tax Returns
Contact Person: Beth Drake (803) 929-3000
Charleston, South Carolina —- United States Attorney Bill Nettles announced an indictment charging Cynthia Cave, age 45, of Mount Pleasant, with Wire Fraud, a violation of Title 18, U. S. C. § 1343, and Filing a False Tax Return, a violation of Title 26, U. S. C. §7206(1).
Cave is charged with devising a scheme to defraud her employer, a plastic surgery practice owned and operated by a single individual physician in Mt. Pleasant, S.C., starting in or around 2007 and continuing through 2011. The indictment alleges that Cave, used her position as office manager to utilize the medical practice’s funds to pay for, among other things, personal services, retail items, meals, and travel, all unrelated to the practice and without the knowledge or authorization of the practice’s owner. The indictment also alleges that Cave willfully made and subscribed false Form 1040s in three separate tax years that she did not believe to be true and correct as to every material matter.
The maximum penalties that Cave could receive are 20 years imprisonment if convicted of Wire Fraud and 10 years imprisonment if convicted for Filing a False Tax Return. The Indictment is the result of an investigation conducted by the Federal Bureau of Investigation and the Internal Revenue Service. Assistant United States Attorney Matt Austin of the Charleston office is prosecuting the case.
Mr. Nettles stated that the charges in this Indictment are merely accusations and that the defendants are presumed innocent until and unless proven guilty.