Federal Jury Convicts Amarillo Anesthesiologist Edgar A. Lockett, Jr. on Tax Evasion Charges
A federal jury has convicted an Amarillo anesthesiologist on tax evasion charges.
Edgar A. Lockett, Jr. has been convicted on all six counts of an indictment charging tax evasion.
According to the U.S. Attorney’s Office, Lockett has not filed income tax returns since 1999, except for a joint return filed with his spouse for tax year 2007. He owes the United States more than $1.4 million in unpaid income taxes.
Lockett is a self-employed anesthesiologist who resides in Amarillo, and has formerly practiced in Mineral Wells and McAllen. He most recently billed under the name of Medical & Health Alliance Ministries.
The government presented evidence in court that Lockett concealed the nature, extent, and location of his assets by placing funds and property in the names of nominee companies and secreting his income in bank accounts that he opened using his deceased father’s name and social security number.
Lockett faces a maximum sentence of five years in federal prison and a $250,000 fine for each of the counts of conviction. He could also be ordered to pay restitution as well.