Local Realtor Charged with Income Tax Evasion

Camarillo resident Debra Elaine Ashcraft (DOB 11/23/57). Ashcraft is charged with one felony count of structuring and five felony counts of income tax evasion. The charges are the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit and the California Franchise Tax Board.

Ashcraft, a local real estate agent licensed by the California Department of Real Estate, is accused of structuring payments and deposits of her real estate commissions in a manner designed to avoid the triggering of mandatory bank reporting requirements. Banks are required to report transactions exceeding $10,000. Ashcraft is accused of structuring her earnings to conceal them from tax authorities. Ashcraft is also accused of failing to file a California Income Tax Return for the years 2013 through 2017.

Ashcraft is scheduled to be arraigned on July 23, 2019, at 9:00 a.m. in courtroom 12.

 

The Ventura County District Attorney’s Office is the public prosecutor for the county’s 850,000 residents. The office employs approximately 280 employees including attorneys, investigators, victim advocates, and other professional support staff who strive to seek justice, ensure public safety, and protect the rights of crime victims.

Follow the Ventura County District Attorney’s Office on Twitter @VenturaDAOffice


Get Citizensjournal.us Headlines free  SUBSCRIPTION. Keep us publishing – DONATE

Leave a Reply

Your email address will not be published. Required fields are marked *