IRS Raids Local Business

By Maureen Mespell
By Rachel Martin


6 photos

April 18, 2012 Updated Apr 18, 2012 at 8:59 PM EDT

FORT WAYNE, Ind. (Indiana's NewsCenter) -- Indiana's Newscenter received a tip early Wednesday afternoon of a possible Federal raid at an area business.

Exclusive Sound at the intersection of Fairfield and Wildwood Avenues.

Witnesses say it all began at around 9:15 this Wednesday morning.

Sources say a mother and son operate Exclusive Sound a stereo store, but say they sell much more than stereo equipment.

Witnesses say they sell candy, bootleg DVDs, knock off purses, clothing and incense and there is some speculation of drug dealing.

In January, sources say they began doing taxes for people as well.

At this time is has not been confirmed as a tax raid, but that is what witnesses suspect.

They say the store was robbed about a month ago of $35,000 which to them was a suspicious amount of money.

The IRS Criminal Investigation Division was at the location, that division of the IRS deals specifically with tax crimes and money laundering.

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