Gwendolyn Hampton, 38, of St. Louis pleaded guilty to tax evasion. She appeared in federal court in St. Louis this morning before Judge Ronnie L. White who accepted her plea and set her sentencing for November 15th.
According to her plea agreement, Hampton ran her daycare business, Hampton Academy, which had nearly $2.4 million dollars in revenue between 2009 and 2013 with a single bank account. Pulling more than $1.3 million dollars from the account in cash and cashier’s checks during that time, Hampton admitted to evading between $100,000 and $250,000 in federal income taxes.
At sentencing, Hampton faces up to five years’ imprisonment and a fine of up to $100,000. Additionally, restitution, interest and penalties will be ordered in favor of the United States.
The case was investigated by the St. Louis office of the IRS Criminal Investigation Service.
Department of Justice
Office of the U.S. Attorney
Eastern District of Missouri