Three Prison Inmates Sentenced for Filing False Tax Refund Claims Anchorage, Alaska – Acting U.S. Attorney Bryan Schroder announced today that Jesse Scott Wilson, 41, was sentenced by U.S. District Judge Sharon Gleason to a total of 92 months in prison, followed by three years’ supervised release. Wilson had pled guilty to conspiracy to defraud […]
IRS Warns of a New Wave of Attacks Focused on Tax Professionals WASHINGTON – The Internal Revenue Service today warned tax professionals of a new wave of attacks that allow identity thieves to file fraudulent tax returns by remotely taking over practitioners’ computers. As part of the Security Summit effort, the IRS urged tax professionals
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Property investor and chef jailed for tax credit fraud A self-employed property investor and caterer from Bermondsey, who stole over £70,000 in a tax credit fraud, has been jailed. Khalid Farid, 59, admitted fraudulently claiming tax credits, despite pocketing more than £509,000 from property sales, when he was investigated by HM Revenue and Customs (HMRC).
Tax Credit Fraud: Khalid Farid A Self-Employed Property Investor Has Been Jailed Read More »
Tennessee Business Owner Sentenced to Prison for Failing to Pay More Than $8 Million in Employment Taxes Spent $6.2 million on Personal Expenses from Business Accounts while Failing to Pay U.S. Treasury A Germantown, Tennessee, resident and business owner was sentenced today to one year in prison and ordered to pay more than $10 million
Financial Fraud: Larry Thornton Sentenced For Failing to Pay Employment Taxes Read More »
San Antonio Businessman Enters Guilty Plea to a Scheme Involving Defrauding Personal Injury Clients, Tax Evasion and Hiding Assets from U.S. Bankruptcy Trustee In San Antonio this morning, 47-year-old San Antonio businessman Elpidio Gongora (aka “Pete Gongora”) pleaded guilty to federal charges in connection with a scheme to defraud personal injury clients; evading payment of
The effects of fraud can be felt throughout our economy. Tax fraud can lead to higher tax rates and \ or lower amounts of services citizens receive. Business fraud can lead to higher prices for consumers, value destruction for shareholders, lower profits and low quality products and services just to name a few examples. Fraud
Financial Fraud: Believe it Or Not You Have Been Had! Read More »
