crime

Tax

Ex-IRS Worker Admits to Stealing $1.7 Million in Fake Refunds

Monica Nanette Hernandez, a former IRS data clerk, pleaded guilty on January 21 to one count of aggravated identity theft, one count of filing false income tax returns, and one count of wire fraud. She will be sentenced on April 14.
Tax

IRS Spending Sprees Send Some to the Woodshed

Work for the IRS and you might be able to get all kinds of free perks, including pornography and electronics, expensive meals, and more - all on the taxpayer's dime. But these items aren't supposed to be free.
A&A

Confirmation.com Audit Service Helps FBI Uncover Fraud Scheme

A North Carolina man who was the owner and operator of an investment fund that defrauded investors of approximately $6 million over a seven-year period agreed to plead guilty to securities fraud in US District Court on June 17.
A&A

LA Jeweler Pleads Guilty in KPMG Insider Trading Case

Los Angeles jewelry store owner Bryan Shaw faces a maximum of five years in prison after he pleaded guilty May 20 for his role in an insider trading case involving a former senior audit partner at KPMG LLP.
A&A

Former KPMG Partner Scott London Charged with Insider Trading

A former KPMG LLP senior audit partner faces federal criminal and civil charges for his involvement in a web of deceit that included tipping off a friend about upcoming corporate earnings releases and merger announcements.
Education & Careers

Jesse Jackson Jr. Guilty of Money Crimes

One publication describes them as a "power couple," but those days may be over for Mr. and Mrs. Jesse Jackson Jr., at least for now. On February 20, both Jacksons entered guilty pleas in the separate charges brought against them.
Tax

Movie Deal Meets Wire Fraud: IRS to the Rescue?

The movie was supposed to involve Hollywood giants like Kevin Costner, Ron Howard, and James Brooks. It was supposed to be based on the book "A Matter of Time" and make the book's author, Don Kirchner, a fortune.
Community News

Accountant Questioned in Newtown Killings

December 14 probably started like any other workday in the life of a young accountant. Ryan Lanza was at his desk when the horrifying news came that a man had burst into Sandy Hook Elementary School and opened fire on children and adults.
Tax

Stanford's Coconspirators Guilty of Fraud

It wasn't our fraud! That was a big part of the overall defense presented by two men accused of helping Texas financier R. Allen Stanford cover his tracks when he bilked trusting investors out of $7 billion.
Watchdog

CFO Accused of Murder-for-Hire on His Employer's Dime

Wealthy Texas CFO Frank Howard is accused of embezzling millions from his employer. This comes on the heels of his arrest in late August for allegedly hiring a teenage hit man to kill his wife.
Tax

Chicago Lawyer Helped Wealthy Clients Dodge Taxes

In what is considered the largest tax fraud prosecution in history, a Chicago lawyer, Donna Guerin, has pleaded guilty to helping rich clients evade millions of dollars in taxes.