[donwilshe]

Their is not a better person in the racing community than Jeannie Butler. She has always been their for all of us racers.
She has given 50 times more than what she is accused and I would like to see a legal defense fund setup for her as the
National Speed Sport News says she is jail. If a reputable company or person would set this up Biobased USA would like
to contribute $500.00. Butlerbuilt has led the way in racing safety and the death and injuries prevented are worth
millions.... Don & Sue

PS. If butlerbuilt has ever helped you you might consider helping them!

PS. Now that we are being kicked out of Afghanistan. The government is spending $100 Billion to rebuild a country
that doesn't want us, even though we have lost thousands of lives and 10's of 10,000 have been injured.

PS. Its just the right thing!!!


================================================== ============================

Butler Charged With Embezzlement
by NSSN Staff

RALEIGH, N.C. — According to reports in the Raleigh News & Observer, Barbara Jean Butler, known in the racing community as Jeannie, was arrested April 23 on charges her husband Brian’s company Butlerbuilt Motorsports Equipment kept more than $400,000 in sales tax money and $261,000 in income tax money that had been withheld from employees’ checks dating back to 2003.

Butler, who serves as the company’s secretary/treasurer and bookkeeper, was named in three arrest warrants and was being held in Wake County Detention Center with a first court appearance scheduled for Thursday.

According to arrest records, Butler, 61, was arrested at her Harrisburg, N.C., home on Wednesday.

The North Carolina Department of Revenue charged Butler with two counts of embezzlement of state property and a single count of embezzlement by a public officer or trustee. According to the warrants, the embezzled money was used by the company, but not by Butler personally.

[addictedtodirt]

A very nice gesture Don and Sue. I sure hope the allegations are false.

[Dick Monahan]

I don't know anything about the company or its owners, but not sending the taxes withheld from the employees is one of the worst things an employer can do. I know it's only an allegation at this point, but if it's true, the responsible officers of the company deserve whatever happens to them. That money belonged to the employees.

Unless the rules have changed since a company in my area did it a few years ago, the employees have to pay those taxes. If the company stole that money (it's not "embezzlement" as I understand that term; it's theft), the IRS is going to require the employees to pay those taxes. In other words, all of the employees will be billed for that money, plus interest and penalties. Just think what it would mean to you to have to come up with all the money that's been withheld from your pay check again! That is a rotten thing to do to the employees who have worked for you.

[dshort36]

Originally Posted by Dick Monahan I don't know anything about the company or its owners, but not sending the taxes withheld from the employees is one of the worst things an employer can do. I know it's only an allegation at this point, but if it's true, the responsible officers of the company deserve whatever happens to them. That money belonged to the employees. Unless the rules have changed since a company in my area did it a few years ago, the employees have to pay those taxes. If the company stole that money (it's not "embezzlement" as I understand that term; it's theft), the IRS is going to require the employees to pay those taxes. In other words, all of the employees will be billed for that money, plus interest and penalties. Just think what it would mean to you to have to come up with all the money that's been withheld from your pay check again! That is a rotten thing to do to the employees who have worked for you.

Dick... those would be 941 taxes and the employees would not be required to pay them .. the officers of the company would be held responsible..

[Dick Monahan]

Originally Posted by dshort36 Dick... those would be 941 taxes and the employees would not be required to pay them .. the officers of the company would be held responsible..

It appears you are right. I should have checked. The rules must have changed in the years since the case that I knew about happened (and it might only have been the state taxes). I was told about it by one of the employees who was applying for a job with my firm.

[Charles Nungester]

While a far cry from GE's 9 billion in tax breaks they didn't have to pay the past couple years.

This is still almost 3 bucks for every man woman and child. Im not saying she did anything, but this is total B.S if true and you wonder where half your $$ goes to all of us who've paid every dime we've owed. For every dime in Income Tax you pay, The company is required to match that. Is this the taxes they are talking about? Sometimes they are given percentage breaks but still. Hope they get it worked out.

That being said, Im a firm believer in the product. I think the containment seats have saved more drivers than any single improvement before them.

[Midget 89]

A story in the Raleigh News-Observer says Jeannie Butler is being held in lieu of $1,000,000 bail, so the charges are apparently fairly serious. This is their story:

RALEIGH — The secretary/treasurer and bookkeeper of Butlerbuilt Motorsports Equipment, a Concord-based vendor of customized seats and other gear for race cars, was arrested Wednesday on charges that the company kept more than $400,000 in state and county sales tax and $261,000 in income tax from employees' paychecks from as far back as December 2003.

Barbara Butler, named in three arrest warrants obtained by the state Department of Revenue, was listed in those as Barbara Beard Butler and on Wake County arrest records as Barbara Jean Butler.

Butler, 61, of 8263 Addison Drive in Harrisburg, was being held in the Wake County Detention Center in lieu of $1 million bail for a first court appearance Thursday in Wake County District Court.

She was arrested at her home Wednesday morning, records show.

The warrants charged two counts of embezzlement of state property, citing the income tax and state sales tax, and one count of embezzlement by a public officer or trustee because companies that collect county sales taxes are considered trustees of the counties.

The warrants say the money was converted to the company’s use, not Butler’s personal use.

Butler, the warrants obtained by DOR Investigator Marla J. Bryant said, was the secretary/treasurer and bookkeeper for Butler Specialties Inc. and was the person who should have sent the money to the department.

Butler Specialties does business as Butlerbuilt Motorsports Equipment, Bryant wrote. The company advertizes Butlerbuilt Professional Seat Systems on its website.

The income tax withheld from employees – $261,388.09 – was not turned over to the state between July 4, 2009, and Jan. 1 of this year, one warrant alleged.

The other two charge Butler with not turning over $267,893.09 in state sales tax and $132,965.97 in sales taxes for “numerous counties” between Dec. 1, 2003, and Jan. 20 of this year.

The company apparently was having other issues with its administration during then same time periods.

The Secretary of State’s Office shows Butler Specialties was formed Jan. 7, 1987.In 1992, iIt began regularly filing the annual reports required of corporations, and filed them through December 2002. Then they stopped.

The Department of Revenue issued a notice for the Secretary of State to put Butler Specialties on suspension as far as being a corporation in October 2009, the year DOR charged Butler began to not send in money withheld from employees.

DOR does not specifics when it lists a company for suspension, a spokesman for the Secretary of State’s Office said.

The Secretary of State took separate action, sending the company notices in March 2010 and April 2011 that it needed to get caught up on its reports.

The office dissolved Butler Specialties Inc. as a corporation on July 21, 2011.

Being dissolved does not mean an operation has to cease, but it does take away any legal protection that the owners got by creating a corporation, such as protecting their personal assets from any corporate creditors.

The state records show that the last person listed as the official registered agent of Butler Specialties Inc. was Brian J. Butler, with an address at the company’s business in Concord. He is not mentioned in the arrest warrants.

___________
Wes Stafford

[mscs20]

This article explains a little more detail as to whats going on. The embezzlement charges are not of her company but from the state of NC.
Looks like its been going on for a while and other problems in the company too.
Collecting $400,000 in NC state sales tax, and then not sending it in, is a big time problem, along with not sending the FICA tax in. With their corporation dissolved in 2011, there's no legal personal protection for her or Brian. Some gloomy days are still ahead for sure.

http://www.newsobserver.com/2014/04/...ml?sp=/99/102/