Local Realtor Sentenced for Income Tax Evasion

VENTURA, California – District Attorney Gregory D. Totten announced today that Debra Elaine Ashcraft (DOB 11/23/57), of Camarillo, was sentenced to 180 days in the Ventura County jail for income tax evasion. The charges were the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit and the California Franchise Tax Board.

Ashcraft structured payments and bank deposits of real estate commissions she earned to avoid triggering mandatory bank reporting requirements in order to conceal her income from tax authorities. The law requires banks to report transactions exceeding $10,000. She also failed to file California income tax returns for the tax years 2013 through 2017.

Ashcraft was also ordered to pay restitution in the amount of $78,000 to the California Franchise Tax Board and placed on formal felony probation for 60 months.


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