Living Large

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When you think of ”living large,” images of fancy homes, luxurious vacations and expensive cars might pop into your head. Members of a fraud ring in Ohio may have had similar thoughts when participating in a scheme that netted millions of dollars from filing fake tax returns. According to an article published on WLWT.com, the criminals used thousands of stolen taxpayer identities to reap the benefits of the fraudulent tax refunds.

The story states that the IRS and the Secret Service investigated a number of individuals in the Cincinnati area, who allegedly purchased the identities from illegal online forums and accomplices. (This happens all the time.) During a raid at several locations, government agents seized several luxury cars, computers and tax documents. (Talk about bling.) They hit the jackpot at a storage locker that contained more than $1 million in cash and money orders. It was determined that most of the stolen money was laundered and sent to Zimbabwe.

Most of the individuals allegedly involved in the scheme were in their 20s. One was arrested after trying to cross the Canadian border with $76,000 in cash. He pleaded guilty to one count of wire fraud. He will serve 70 months in prison. A co-conspirator pleaded guilty to one count of engaging in illegal monetary transactions. He will serve 27 months in prison. Unfortunately, four alleged members of the fraud ring are considered to be fugitives, since they fled to Zimbabwe following the raid.

The investigation of this case was part of the Department of Justice’s directive, Stolen Identity Refund Fraud (SIRF), which fights tax refund fraud of this magnitude. These criminals were caught in the act and will be punished for their dishonest behavior. Here’s hoping these fraudsters learn something while serving time and potentially making license plates for fancy cars like the ones they owned while ”living large.”

Source: Today’s ”Fraud of the Day” is based on an article titled, ”2 Sentenced for Multi-million Dollar Tax Fraud Operation,” published by WLWT.com on March 7, 2014.

CINCINNATI —Two men will spend at least 2 years in prison for their roles in a tax fraud scheme that netted millions of dollars.

Tawanda Marimbire, 25, of Cincinnati, was sentenced to 70 months in prison, while co-conspirator Kudzaishe Robert Bungu, 28, was sentenced to 27 months in prison.

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Larry Benson
Larry Benson is currently the Director of Strategic Alliances for Revenue Discovery and Recovery at LexisNexis Risk Solutions. In this role, Benson is responsible for developing partnerships for the tax and revenue and child support enforcement verticals. He focuses on embedded companies that have a need for third-party analytics to enhance their current offerings.