Conway business owner pleads to cash deposit charge | Arkansas Blog

Thursday, May 15, 2014

Conway business owner pleads to cash deposit charge

Posted By on Thu, May 15, 2014 at 6:43 AM

The U.S. attorney in Little Rock has announced a negotiated guilty plea by Patrice Duncan, 59, of Conway, one of the owners of Duncan Outdoor, to structuring cash bank deposits to evade reporting requirements on deposits of more than $10,000.

She and her husband were indicted in 2012 on 21 counts of structuring more than $300,000 in deposits. She pleaded guilty to breaking up $11,400 received for the sale of a motorcycle to an undercover IRS agent and other charges were dismissed. The agent recorded her discussing a cash payment so the government wouldn't know of the transaction. She deposited the money in two deposits three days apart.

The charge could carry a penalty up to five years in prison and a $250,000 fine. A sentencing date hasn't been set. Her husband Gary's trial has been continued. But indications are that if the negotiated plea agreement is accepted by the judge, charges against Gary Duncan, 68, will be dropped and Patrice Duncan will face a probationary sentence.

Tags: , ,


Favorite

Comments (13)

Showing 1-13 of 13

Add a comment

 
Subscribe to this thread:
Showing 1-13 of 13

Add a comment

More by Max Brantley

  • TGIF: News roundup, open line

    The week-ending news roundup and open line.
    • Oct 19, 2018
  • Rich white people fund PAC behind racist attack ads supporting French Hill UPDATE

    More reporting on the people contributing to Black Americans for the President's Agenda, which is running racist ads in Little Rock in support of Republican Rep. French Hill. The money isn't coming from black Americans, but wealthy conservative Republicans such as an owner of the San Francisco Giants. GOP feeling heat, files ethics complaint on ad.
    • Oct 19, 2018
  • Another made-up Republican attack: The Saline County socialists are coming to take your business

    The latest in bogus Republican political attacks comes from Saline County, where Steve Lux, chairman of the county Republican Committee, has sent a letter warning members of the Benton-Bryant Chamber of Commerce that a progressive group working to elect Democrats in the county is allied with a socialist group that wants nothing less than "the elimination of private business." This is, of course, nonsense.
    • Oct 19, 2018
  • More »

Readers also liked…

  • Hospitality, restaurant groups oppose bathroom bill

    Add the restaurant and hospitality association to those opposed to Sen. Linda Collins-Smith's bill to keep transgender people out of public restrooms that match their gender identity.
    • Mar 16, 2017
  • ADEQ denies C&H Hog Farm permit

    The Arkansas Department of Environmental Quality has denied a new permit for the C&H Hog Farms' concentrated animal feeding operation near Mount Judea (Newton County). This is a big and somewhat surprising victory for critics who have viewed C&H's large-scale pig farm and the pig waste it generates as an existential threat to the Buffalo National River.
    • Jan 10, 2018
  • The two cities of Little Rock: East/west, black/white

    The Little Rock City Board illustrated this week a community divided over public schools, another blow to the Little Rock School District and another illustration of the need for ward elections to the board.
    • Mar 23, 2017

Slideshows

  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation