Saturday, February 24, 2018
Home Business Tax Fraud

Business Tax Fraud

The Perfect Plot

Filmmaking is a risky business and in order to get investors to commit to a project, movie producers often look for tax incentives to entice a production company to come to a particular location to film. Company executives are usually sent in to hire...

Web of Fraud

When the Internet was first created, it was intended to be a tool for scientists to share information. Now, the World Wide Web connects every one who can get online, provides a mechanism for commerce that delivers goods and services all over the world,...

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...

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...

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...

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...

Patients as Commodities

When you think of the term ''commodity,'' things like oil, natural gas, grain, or livestock come to mind. An article in The Chicago Tribune tells about a doctor known as the ''king of nursing homes,'' who essentially traded patient referrals as commodities. His part...

Blowing Down Straw Houses

As the tale of the Three Little Pigs illustrates, houses made of straw do not last very long. (Neither do businesses who try to launder illegally gained funds through straw companies.) An owner of a home health care agency who tried to bilk Medicare...

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...
- Advertisement -

Get Your Fraud Fix!

Five days a week wake up to the most current fraud article in your inbox.