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Category Archives: Tax Crimes

South Florida Sees Cases of ID Theft and Tax Fraud

South Florida Sees Cases of ID Theft and Tax Fraud

South Floridians Accused of ID Theft and Tax Fraud A Parkland man is among three South Floridians convicted in a $2.2 million identity theft tax refund fraud scheme, federal prosecutors said on Friday. A federal jury convicted Frantz Pierre, 33, and two others, Terry Pierre, 29, and Christmanie Bissainthe, 33, both of Miami, on 12 counts including conspiracy to submit fraudulent claims to the government and aggravated identity theft. Pierre and the others used identities stolen from prisoners to seek $2.2 million of illegal refunds from the IRS which ultimately paid $1.9 million fraudulent claims, government attorneys said. Source IRS Steps to Combat Identity Theft and Protect Taxpayers The IRS is taking action to protect taxpayers from identity theft and helping victims of tax-related identity theft Over the past several years, the IRS… […]

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Florida State With The Highest Incidence Of Fraud

Florida State With The Highest Incidence Of Fraud

More than 30 different categories of complaints were recorded in 2011. Identity theft was the most common one, representing 15 percent of all complaints. Many other categories relate to a growing number of Americans in debt as a result of the recession and the housing crash. Debt collection fraud was the second most common category, defined by the FTC as consumers reporting abuse by both legitimate debt collectors and those pretending to be. Other categories included banking and lending scams, as well as scams arising from promises of relief from mortgage debt (source). From 24/7 Wall St.: When times are hard, fraud often gets worse. Americans are under great financial pressure, and there is no shortage of criminals waiting to take advantage of it. According to the most recent report… […]

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Tax Fraud and Charges

Tax Fraud and Charges

What exactly is tax fraud? Although the need to file a tax return is referred to as “voluntary compliance” – individuals must know the laws and must file when required to do so. Tax Fraud occurs when individuals working and earning income knowingly and intentionally fail to file their income tax return or falsify information on a tax return. Failing to state the correct amount of earned income, overstating deductions and exemptions and falsifying documents are all possible elements of tax fraud and are punishable in both criminal and civil jurisdictions. The process of concealing or transferring income and reporting personal expenses as business expenses are also examples of tax fraud and are actual violations of the law. Tax Crimes and IRS Charges Criminal Investigations can charge individuals with a… […]

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