TBA Law Blog


Posted by: Stacey Shrader Joslin on Jun 17, 2015

A federal grand jury today indicted veteran state Rep. Joe Armstrong, D-Knoxville, on charges he used insider knowledge on a bill he supported to earn $500,000 in a scheme involving the purchase and sale of cigarette tax stamps. He has been charged with conspiring to defraud the United States, attempting to evade and defeat income taxes and making false statements. Armstrong’s accountant already pleaded guilty to helping the legislator by funneling the profits through the accounting firm and lying on Armstrong’s tax return. Knoxnews has the story.