York County Man Charged With Filing False Income Tax Return

HARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Waylon Wilcox, age 45, of Dillsburg, Pennsylvania, was charged by criminal information on March 28, 2025, with filing false individual income tax returns.

According to Acting United States Attorney John C. Gurganus, the criminal information charges Wilcox with two counts of making and subscribing false individual income tax returns.  The criminal information alleges that Wilcox engaged in a complex cryptocurrency scheme, wherein he sold his shares for over $7,402,935 in 2021 and $4,899,180 in 2022 and failed to report his gains from the sale of the cryptocurrency on his individual tax returns.

The information alleges that Wilcox filed a false individual income tax return for tax year 2021, which underreported his income for tax year 2021 by approximately $8,511,238 and reduced Wilcox’s tax then due and owing by approximately $2,180,453.  It is further alleged that Wilcox filed a false individual income tax return for tax year 2022, which underreported Wilcox’s income for tax year 2022 by approximately $4,599,532 and reduced Wilcox’s tax then due and owing by approximately $1,098,623. 

“IRS Criminal Investigation is committed to unraveling complex financial schemes involving virtual currencies and non-fungible token (NFT) transactions designed to conceal taxable income,” said Philadelphia Field Office Special Agent in Charge Yury Kruty. “In today’s economic environment, it’s more important than ever that the American people feel confident that everyone is playing by the rules and paying the taxes they owe.” 

The case was investigated by the Internal Revenue Service, Criminal Investigation. Assistant U.S. Attorney David C. Williams is prosecuting the case.

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