Sunday, August 19, 2018

Waiting by the Mailbox

The old school method for receiving tax refunds used to involve waiting patiently for the mailman to drop it off in the mailbox. Today, the most efficient and safe way to receive a tax refund is via a direct deposit into your bank account....

Playing with Dynamite

TNT, another word for dynamite, is a chemical compound used mainly for demolition purposes and mining. A Danville, Virginia man, who named one of his two tax businesses using the same three letters, committed tax refund fraud which ignited the federal government’s determination to...

That’s How the Ball Bounces

Anyone who loves basketball is familiar with how the game of Horse is played. Basically, each time a player misses a shot, a letter is awarded. The first person to spell H-O-R-S-E loses. A former Virginia Commonwealth University (VCU) basketball captain played a dangerous...

Cowardly Behavior

Anyone who has seen the classic movie, “The Wizard of Oz,” is familiar with the lion’s false bravado that hid his true, cowardly disposition. While the famous fictional character is quite loveable, despite his foibles, today’s cowardly fraudster is not. An Overland Park, Kansas...

Family Enterprise

According to Entrepreneur Magazine, family businesses experience success when there is unity among family members, a mission that goes beyond financial gain, a vision, and a plan for the next generation. A woman from Grand Rapids, Michigan was the matriarch of a family tax...

Delivering More than the Mail

A U.S. postal worker in Columbus, Georgia was recently convicted by a federal jury for his part in a stolen identity tax refund conspiracy. (The fraudster worked as a mail carrier for the U.S. Postal Service (USPS), but moonlighted as an identity refund fraudster.)...

Evading Everything

Fraudsters tend to think they should receive a special exemption when it comes to paying taxes. Today’s “Fraud of the Day” reveals a Southern California businessman who evaded millions of dollars in personal and business-related taxes owed. His tax evasion tactics led to a...

Fraudulent Fowl

Have you ever wondered why eggs are packaged and sold by the dozen? The reason why actually dates back to the first century when an egg could be sold for a penny, or 12 for a shilling (which was equal to 12, or a...

Crystal Ball

Today’s “Fraud of the Day” is based on an article entitled, “Hermosa Beach ‘Psychic’ Sentenced For Tax Fraud,” posted on Patch.com. A Hermosa Beach man who is a self-proclaimed psychic was sentenced to six years in federal prison and his wife received two years behind bars for a filing fraudulent tax returns and passing bad checks in an effort to pay of their debts.

Reaping All the Benefits

The owner of a landmark Lake Norman restaurant was sentenced to eight months in prison followed by eight months of confinement in his Mooresville home for attempted tax evasion. Peter Gjuraj, 49, owner of the Blue Parrot Grill on N.C. 150 West in Mooresville, admitted to hiding about $2.8 million in income and filing false returns.
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