Loris vape shop owner from Tabor City charged in tax evasion case
By DEUCE NIVEN
Tax evasion charges have been leveled against the owner of a Loris vape shop who lives in the Tabor City area.
James Weldon Faulk, 69, was charged Monday morning with four counts of willfully attempting to evade South Carolina sales tax, a news release from the South Carolina Department of Revenue said.
Booked at the J. Reuben Long Detention Center near Conway after 10 a.m. Monday, Faulk was held without bail.
Affidavits filed by an SCDOR agent allege that Faulk underreported sales for his business, Vapor Plus in Loris, by more than $900,000 during the course of four years, evading paying sales taxes of more than $66,000.
Between 2015 and 2018 Faulk reported sales totaling $120,915, when those sales actually amounted to $1,002,513, the affidavits allege.
If convicted, Faulk could be sent to prison for up to five years on each count, and/or fined up to $10,000, for a maximum of 40 years in prison and/or $40,000 in fines.
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