Closeup Of US Currency, TFP File Photo

Cape Coral Roofing Company Owners Plead Guilty To Tax Fraud

Closeup Of US Currency, TFP File Photo
Closeup Of US Currency, TFP File Photo

FORT MYERS, Fla. – Two individuals have pleaded guilty to conspiring to commit tax fraud in connection with a Cape Coral roofing company.

William Skaggs, Jr., the owner of Nastar Roofing, and Billie Adkison, the company’s office administrator, admitted to paying employees primarily in cash to avoid paying federal employment taxes.

According to the plea agreement, Nastar employees withdrew over $21 million in cash from company bank accounts between 2013 and 2023 to pay workers. Skaggs and Adkison intentionally failed to withhold taxes from these cash payments and also neglected to pay the company’s share of FICA taxes.

READ: Pinellas Park Man Sentenced To Federal Prison For Identity Theft And Benefits Fraud

As part of their plea deal, Skaggs and Adkison have agreed to pay full restitution to the government, including an upfront payment of $1 million. Each faces a maximum penalty of five years in federal prison.

This case was investigated by the IRS – Criminal Investigation and is being prosecuted by Assistant United States Attorney Michael V. Leeman and Department of Justice Tax Division trial attorney Kevin Schneider.  

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