$38 Million Reward Oct26

$38 Million Reward

Anonymous IRS Whistleblower Awarded $38 Million. WASHINGTON, Oct. 26, 2012  – The Ferraro Law Firm announced today that the Internal Revenue Service (“IRS”) has awarded $38 million to one of its clients for providing information about a tax avoidance scheme perpetrated by...

$20m Medicaid Fraud May25

$20m Medicaid Fraud

7th Space reports a story of Connecticut-based dental practice operators indicted on a $20 million Medicaid scam. “As alleged, these operators of dental practices throughout Connecticut defrauded the Medicaid program of more than $20 million over a two-year period,” said United States...

Husband and Wife Guilty May25

Husband and Wife Gui...

The Wetumpka Herald reports a story of a husband and wife team found guilty of tax fraud. “Chiquanta and Terence Davis pleaded guilty to attempting to defraud the government by filing false IRS returns over a three-year period, according to a press release from the Department of...

False Tax Returns May22

False Tax Returns

The DelRayPatch published a story of a fraudulent tour bus company that filed false corporate income tax returns for years. Donal Megginson faces up to three years in prison, one year of supervised release, restitution and a fine of up to...

Tax Fraud Prosecution May22

Tax Fraud Prosecutio...

LoanSafe released a story today about how difficult it is to prosecute tax fraud cases. Fraudulent refund claims from the IRS and ID theft are running rampant. “Officials say street criminals have stolen hundreds of millions of dollars from federal taxpayers in the Tampa area alone, and...

Guilty May20

Guilty

The Wall Street Journal brings us a story of a Florida man who “pled guilty to a federal charge of wire fraud stemming from a fraudulent Internet-based advertising scheme that generated more than $110 million from thousands of people in the U.S. and other countries, the Department of...

CPA Busted May18

CPA Busted

Myrtle Beach Online reports a story of a local accountant arrested on tax fraud charges. If convicted of the charges, the CPA could face up to $45,000 in fines and/or 25 years in prison. “Richard Wayne Voltz, Jr., 55, of Myrtle Beach, was charged with five counts of failure to remit a...

Busted! May18

Busted!

The South Bend Tribune reports on a story of a local businessman sentenced for fraud and tax evasion. Kenneth Gaipa will spend two years in prison after he pleaded guilty in February to Social Security and bank fraud as well as tax evasion. “According to sentencing guidelines, Gaipa...

FBI Fraud Bust May16

FBI Fraud Bust

WTSP reports a story of a raid organized by the joint forces of the FBI, Secret Service, U.S. Marshals and IRS on a home of a business man in Riverview near Tampa, Florida. “U.S. prosecutors allege the Bay Area business man who lives in the home, Osama “Sam” Mustafa, was one...

Tax Loopholes May16

Tax Loopholes

A new article by Forbes.com focuses on the fast-spreading story of a story entitled “13 Investigates: IRS tax loophole.” According to Forbes, “This is not a loophole. It’s tax fraud. Those are two totally different things. And Channel 13 knows...

Tax Scam May15

Tax Scam

The Sydney Morning Herald reports a story of a couple jailed for running a tax scam. Apparently the couple ran an air conditioning business while funneling money through Vanuatu, a tax haven.

Weather Shield Fraud May14

Weather Shield Fraud

According to a report by  WSAW.com, an investigation into Schield Family Brands, the company that owns Weather Shield is still an ongoing matter. Both the Secret Service and IRS investigators are involved in the investigation of identity theft and data...

IRS Refund Delays? May11

IRS Refund Delays?

ABC7 reports that the IRS is considering delaying tax refunds until later in the summer of 2012 in order to deal with rampant issues of identity theft. One solution discussed on Capitol Hill is to delay refunds until summer so the IRS can compare returns and more easily spot fraud. “Such...

2 Year Jail Term May10

2 Year Jail Term

WHIO in Dayton, Ohio reports that a local business owner was sentenced to two years in prison for tax fraud. The individual, Rodger S. Thomas, 58, will also have to pay $1.8 million in restitution to the Internal Revenue Service. The total amount of improperly claimed income tax refunds to...

Tampa Tax Bust May10

Tampa Tax Bust

TampaBay.com is reporting on a woman who pleaded guilty to tax fraud in Riverview, Florida and gave up a pink handgun, a 2010 Buick LaCrosse and more than $30,000 in cash in the process. According to the report “Arswaya Ralph had her Riverview house searched by federal agents in June...

Tax Refund Fraud May09

Tax Refund Fraud

The Birmingham News this morning reports that several individuals who had masterminded a tax refund fraud ring had been sentenced to Federal prison. Veronica Dale and Alchico Grant jointly ran the income tax refund fraud ring, the Justice Department and Internal Revenue Service said. Dale, of...