Phoenix nail salon owner indicted for decade-old tax evasion

PHOENIX (AP) - A businessman who sold nail salons and commercial leases in metropolitan Phoenix has been indicted for tax evasion authorities say was conducted more than a decade ago.

The Internal Revenue Service released an unsealed indictment Tuesday against Cuong Chi Mai, also known as Tony Mai.

Mai faces six counts of making false statements to two IRS agents.

According to the indictment, Mai underreported income from sales on his federal tax returns from 2004 through 2007.

Investigators say Mai stated he sold 16 nail salons and 20 commercial leases for operating salons when he actually sold 76 total. He is also accused of concealing extra bank accounts.

Mai moved to Vietnam in 2009, and his legal permanent resident status in the U.S. has since expired.

Court documents did not list an attorney for Mai.