Wednesday, December 13, 2017
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Business Tax Fraud

Fraud Chaser

The term "ambulance chaser" refers to lawyers who help clients to obtain damages related to a personal injury. The man at the center of today 's "Fraud of the Day" could be called a "fraud chaser" because he used his ambulance company to chase...

Underreporting Income Produces Fraud

According to the Internal Revenue Service (IRS), the favorite form of tax evasion in the United States happens to be underreporting income. This happens when a taxpayer either claims less money than they actually made or they claim more deductions, exemptions and credits than...

The Heart of the Matter

What lies at the heart of all fraud is the desire to enrich one's own life at the expense of others. In an elaborate and sophisticated tax fraud scheme, a restaurant owner in Arizona used illegal aliens and the federal government to amass a...

Fraud Minion

When you think about minions, usually a cute yellow blob that loves bananas and wears blue jean overalls comes to mind. Even though the popular animated figures assist a former professional criminal portrayed in a popular children's movie, the fictional characters are generally seen...

Switcheroo

Fraudsters use many tactics to avoid getting caught by government authorities. One of those methods involves changing business names, so investigators are thrown off the trail. A husband and wife who owned and operated a construction business near Huntington, West Virginia pulled a switcheroo...

Serving Up Fraud for Dinner

Restaurant customers love to peruse menus for tasty meals that will satisfy their hankerings. (Whether a blue plate special or a gourmet dish, they expect to have a tasty experience no matter how much they pay.) Customers understand that there are additional costs associated...

Where You Wish No One Knew Your Name

Cheers, the popular 1980's television sitcom about a bar in Boston, Massachusetts paints a picture of a cozy and friendly establishment where everyone knows your name. The former owner and operator of a sports bar and grill in neighboring New Hampshire fleeced more than...

Growing A Crop of Fraud

The American Farm Bureau Federation states that farmers and ranchers only receive 16 cents out of each dollar spent on food. The remainder goes to ''wages and materials for production, processing, marketing, transportation and distribution.'' (Sometimes, when there's a bad year and crop production...

Duping with Dad

When a group of people set their minds on defrauding the government, and try really hard to do so, they'll find a way. But they won't as easily find a way out of prison. Recently, the U.S. Attorney General's office exemplified this in a...

Faux “the Name. Fraud” the Game.

It 's ironic (or maybe it 's not) that today 's fraudster 's last name is "Faux." (As in fake.) True to her name, the woman faked her way through fraudulent Medicare claims, falsified patient records at her physical therapy practice and managed to...
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