Horry County convenience store owner arrested for tax evasion
MYRTLE BEACH, S.C. (WMBF) - An Horry County convenience store owner is accused of tax evasion, according to state officials.
The South Carolina Department of Revenue said 36-year-old Prem Kumar Akkineni, of Myrtle Beach, is charged with four counts of tax evasion. The agency said Akkineni operated Akkineni LLC and did business as Short Stop, a convenience store in the area.
According to arrest warrants, Akkineni allegedly did not report at least $2,080,305 in sales between 2018-2021 and evaded $166,425 in state sales taxes.
Akkineni faces a maximum sentence of five years in prison and/or thousands of dollars in fines on each count if convicted.
As of Friday, online records show he’s being held at the J. Reuben Long Detention Center ahead of a bond hearing at 2 p.m.
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