Teemco player; reverse that merger!; ATM gamble doesn’t pay off; and other highlights of recent tax cases.
Phoenix: Preparer Oscar Hernandez, 58, has been sentenced to 18 months in prison and ordered to pay $121,548 in restitution to the United States.
In 2004 Hernandez, who worked as a preparer for nearly 25 years, opened the tax prep business R Robin Tax Services. He admitted that he filed at least 44 fraudulent returns between 2010 and 2013, which caused a loss to the U.S. of $121,548.
Hernandez admitted that he falsified returns for his clients by improperly claiming head of household status, adding false dependents and claiming false exemptions and credits, all of which reduced taxes and inflated refunds.
Lansing, Mich.: Local resident Oghenevwakpo Igboba has been sentenced to 162 months in prison to be followed by three years of supervised release.
In September, a jury found Igboba guilty of one count of conspiracy