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Beverly Hills Woman Faces Preliminary Hearing for State Income Tax Evasion and Grand Theft

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Public Affairs Office
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For Immediate Release

08.09.2011

Sacramento – A Beverly Hills woman was arrested on four felony counts of tax evasion and one felony count of grand theft, the Franchise Tax Board (FTB) announced.

According to court documents, Lizette C. McBride, 54, allegedly failed to file state income tax returns for 2006 through 2009 and report more than $715,000 she embezzled from her employer and wages in excess of $169,000.

McBride was employed as a personal assistant and bookkeeper from 2006 to 2009. McBride allegedly forged her employer's signature to pay herself added wages and open an unauthorized credit card account in her employer's name. She owes the state more than $72,000 in unpaid tax. Interest, penalties, and cost of the investigation will be added to the total amount sought as restitution.

McBride was arrested by the Los Angeles Police Department on Wednesday, August 3 and plead “not guilty” to all charges. She remains in custody on $787,000 bail. Her preliminary hearing is scheduled at 8:30 a.m., August 16 in Department 30 of the Los Angeles County Superior Court, Clara Shortridge Facility.

Los Angeles County Deputy District Attorney Linda Reisz of the Major Fraud Division is prosecuting the case. This is a joint investigation between the Los Angeles Police Department and FTB.

FTB's criminal investigation program identifies and investigates cases of tax evasion and tax fraud to encourage compliance with California income tax laws and maintain public trust.

The charges and allegations contained in the criminal complaint are merely allegations, and the defendant is presumed innocent unless and until proven guilty.

For more information on other taxes and fees in California, visit taxes.ca.gov.

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