Wake County Businessman Pleads Guilty To State Tax Charges

Date: 1/26/2006

RALEIGH – A Wake County businessman pleaded guilty Thursday in Wake County Superior Court to tax charges filed by the North Carolina Department of Revenue.

Michael T. Bustin, Jr., 36, of 1809 Kelly Glen Drive, Apex pleaded guilty on Jan. 26, 2006 to two counts of willful failure to pay and one count of willful failure to file state sales tax returns.

Superior Court Judge A. Leon Stanback, Jr. sentenced Bustin to two consecutive 45-day prison terms. The sentence was suspended and Bustin was placed on unsupervised probation for 12 months. He was ordered to pay a $1,000 fine and perform 50 hours of community service within six months.

An investigation by special agents with the North Carolina Department of Revenue found that Bustin, as vice-president of Meld USA, Inc., charged and collected North Carolina and Wake County sales tax from the sale of custom-made concrete products. From Feb. 1, 2002 through Nov. 30, 2004, Meld USA, Inc. charged, collected and failed to remit $10,066.73 in North Carolina and Wake County sales taxes. Bustin paid the taxes prior to his court appearance. Meld USA, Inc. is located at 4724 Hargrove Road, Raleigh.

The charges against Bustin resulted from an investigation by auditors in the Raleigh Field Audit office and special agents with the Department’s Criminal Investigations Division in Raleigh.

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