Search Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

NC recycler sentenced for tax fraud

Keywords: Tags  metals recycler, Mayberry Auto Parts & Recycling, tax fraud, Jeffrey Lee Johnson, North Carolina yard, Lisa Gordon

PITTSBURGH — The former owner of a North Carolina scrap metals buying center has been sentenced to 30 months in prison and ordered to pay $2,495,721 in restitution on charges of tax evasion, according to the U.S. Attorney’s Office.

Jeffrey Lee Johnson, of Mount Airy, had pleaded guilty to two counts of filing false tax returns.

Between 2005 and 2010, Johnson owned Mayberry Auto Parts & Recycling Inc., where he bought scrap and sold it to larger processors. In 2006 and 2007, Johnson filed gross receipts of $799,228 and $820,000, respectively, but the Internal Revenue Service confirmed the receipts were $4 million in 2006 and $5 million in 2007.

The business has since been sold and Johnson couldn’t be reached for comment.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Latest Pricing Trends