tn politics flag TN Rep. Joe Armstrong charged with fraud and tax evasion

State representative Joe Armstrong of Knoxville is charged with fraud.

The federal government says the Democrat devised a scheme in 2006 to profit from a cigarette tax.

Armstrong allegedly borrowed $250,000 dollars to buy tax stamps at the old rate and then sold them at a profit after the tax increase went into effect.

Armstrong is also accused of failing to report the more than $300,000 dollars of income on his tax returns.

tn politics flag TN Rep. Joe Armstrong charged with fraud and tax evasion
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News & Politics	Upload TimePublished on 18 Jun 2015

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