![]() The six-count Indictment charges Buddy Watson with one count of conspiracy to defraud the IRS three counts of subscribing to false income tax returns filed on behalf of himself and his wife and on behalf of Modern Home Floor Covering, Inc., a company which sells carpeting and flooring materialsįrom the couple's store in South Belmar and one count of aiding and assisting in the preparation and presentation of a false income tax return for Modern Home for the year 1997. ![]() The couple are charged in an Indictment returned last Wednesday and unsealed today. They were released on $100,000 bond each, secured by their residence in Brick. Both made their initial appearances today before the U.S. His wife, Maria Watson, 42, for whom there was also an outstanding arrest warrant, was surrendered by her attorney to the U.S. Christie announced.īuddy Watson, 49, was arrested this morning at his business by Special Agents of the Internal Revenue Service. ![]() NEWARK - A Brick Township man who, along with his wife, owns a flooring store was arrested today on an unsealed Indictment charging that they committed tax fraud by skimming more than $350,000 in receipts from their businesses, U.S. Watson, Buddy and Maria Watson - Indictmentīrick Township Couple Charged with Tax Fraudįor Allegedly Skimming $260,000 in Business Income
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