Phoenix Renewable Energy chief operating officer Stephen R. Walker is in more hot water. Last month, the Arkansas Securities Department ordered Walker and Phoenix to stop selling securities, but not until they had persuaded 50 investors to hand over $1.4 million to build Phoenix’s planned $180 million power-generating and wood-pellet plant in Camden. In today’s Business section of the Arkansas Democrat-Gazette, there’s new news that Walker, a Hot Springs real-estate developer, has been indicted by the U.S. Attorney’s Office on three counts of income-tax evasion and two counts of failure to collect and pay taxes. The charges are related to companies owned by Walker: Renaissance Development and Renaissance Holding Group. They “specialize in developing shopping centers,” the district attorney said in a news release. Here’s how the Democrat-Gazette put it: According to the release, the indictment alleges that Walker evaded income taxes in 2004 and did not file individual income-tax returns for 2005 and 2006. For 2005, he owes more than $89,000, and for 2006 he owes more than $46,000, the release said. Walker couldn’t be reached for comment. Also, according to the release, the indictment says Walker withheld “income tax, Social Security and Medicare” taxes from his employees’ paychecks, but never paid the taxes to the Internal Revenue Service. For 2005 and 2006, the indictment alleges he withheld more than $122,000 which he didn’t turn over to the IRS.