Six Indicted in $18 Million Tax Fraud Scheme
by Terri Eyden on
By Terri Eyden
Six individuals have been charged with conspiring to defraud the United States in filing false tax returns. The grand jury's fifty-four-count indictment also charges each defendant with filing and/or aiding others in filing false claims. The announcement of the charges by Pamela C. Marsh, US Attorney for the Northern District of Florida, follows the arraignment of the last two defendants on May 29.
Blaine Johnston of Marianna; Hector A. Cabrera, Diana Gonzalez, and Wilfredo Rodriguez, all of Miami; and Angel Done and Wilson Calle, both of New York, are alleged to have conspired together to defraud the United States by obtaining fraudulent tax refunds by filing, or assisting others in filing, false federal income tax returns.
The indictment charges that between 2008 and 2009, members of the group prepared and filed, or assisted others in doing so, fraudulent returns seeking more than $18 million in tax refunds. The indictment further alleges that these returns falsely reported that the defendants' and/or their clients' creditors had withheld large amounts of federal income taxes and paid this money over to the IRS. As a result of fraudulently overstating the income tax withheld, the tax returns claimed large tax refunds to which the defendants and their clients were not entitled.
Trial is currently scheduled for July 23, 2012. If convicted, each defendant faces a maximum sentence of ten years in prison for conspiracy and five years on each count of filing, and/or aiding others in filing, false claims.
- Alabama Tax Preparer Gets Jail Time for Falsifying Tax Returns
- DC Tax Return Preparer Indicted for Preparing False Tax Returns
Source: US Department of Justice
You may like these other stories...
The tax-filing season got off to a slow start because the IRS said it needed more time to gear up for this year’s returns. But now the pace has picked up considerably.About 40 percent of the returns expected to be...
Tax preparers have completed a lot of returns since the season began and will complete a lot more before April 15 – but that's just the beginning for many accountants and their clients. In the weeks and months that...
To read more articles by Eva Rosenberg, MBA, EA, click here and check out the Talk to TaxMama archive.Once upon a time, tax storefronts and offices in primarily non-English-speaking communities were able to make a very nice...
Upcoming CPE Webinars
BAR is an acronym for: Boundaries, Authority and Role. This simple tool will provide participants with a solid understanding of leadership essentials to improve their performance.
This material is designed to provide a start-to-finish overview of how to plan and complete high-quality small audits efficiently.
In this session Excel expert David H. Ringstrom, CPA shares numerous techniques that you can use to work with charts more efficiently.
Key Accounting and Reporting Issues for Nonprofits No. 1: Overview and Statement of Financial Position
This material focuses on non-profit organizations organization, accounting and reporting.