Wake County Man Arrested in State Tax Case

Date: March 1, 2013

RALEIGH – A Raleigh man was arrested Thursday on tax charges filed by the North Carolina Department of Revenue.

Segun Festus Ajibulu, 58, of 2229 Spring Hill Avenue, Raleigh, NC was charged on February 21, 2013 with four counts of Attempt to Evade or Defeat North Carolina Individual Income Tax and one count of Willful Failure to File a North Carolina Individual Income Tax Return.

Arrest warrants allege that Segun F. Ajibulu, of Mr. S Tax Service in Raleigh, NC, filed false and fraudulent 2006 through 2009 state individual income tax returns understating his taxable income and overstating his business expenses.  An additional warrant alleges that Ajibulu willfully failed to file his 2010 state income tax return. 

Segun F. Ajibulu appeared before a Wake County magistrate and was placed under a
$104,000.00 secured bond.   A first appearance was scheduled for February 22, 2013 in Wake County District Court in Raleigh.

The charges against Segun F. Ajibulu resulted from an investigation by a special agent with the Department's Criminal Investigations Section in Raleigh.

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