Owner of Bolivar bail bond company arrested on tax, theft charges

HARDEMAN COUNTY, Tenn. — The owner of a Bolivar bail bond company is facing tax and theft charges after an investigation by the Tennessee Department of Revenue.

The Hardeman County grand jury indicted Thomas Earl Allen, 56, on Monday on 24 felony counts, according to a release from the state. He is the owner of Statewide Bail Bonding.

Allen’s bond was set at $25,000.

The indictments charge that from April 2010 through September 2015, Allen failed to remit bail bond tax collected from bonds written at his business.

If convicted, Allen could be sentenced to a maximum of two years in the state penitentiary and fined up to $3,000 for each count of falsification of bail bond tax returns, along with a maximum of two years in the state penitentiary and fined up to $3,000 for bail bond tax evasion. If convicted of theft of property, Allen could be sentenced to a maximum of 6 years in the state penitentiary and fined up to $10,000.