Category Archives: Tax Fraud

I really am an Enrolled Agent. In fact, hanging on the wall behind me is my Certificate of Enrollment (and my license is in my wallet). Do you believe that anyone would impersonate a Certified Public Accountant? And would then … Continue reading →

The Bozo side of my profession has had a busy week. Yeah, it’s tax season, but we have some pretty bad tax preparers highlighted here. First, we go to Queens, New York. Tommasina (a/k/a Tammy) Paolino operated Titan Enterprises in … Continue reading →

Section 1031 Exchanges are a tool to defer taxes. Properly done, using a reputable qualified intermediary, they’re a very useful tool in tax planning. Of course, some intermediaries aren’t as reputable as others. Edward Okun owned 1031 Tax Group LLP, … Continue reading →

Bringing up children is tough. A Bozo tax preparer allegedly had a way to make it slightly easier. She supposedly created phony children to use as tax deductions. Hey, at least they didn’t yell about getting their rooms clean! Paulina … Continue reading →

Lots and lots of fraudsters have been at work recently. Here are some of the lowlights: Charles Jones, the accused former Louisiana State Senator, pleaded not guilty to three federal tax charges. I wrote about his case earlier this year … Continue reading →

Karl James is the former president of Golden West Taco, Inc., one of the largest franchises of Taco Bell (which is based here in Irvine). Back in 2000 Golden West Taco went into Chapter 11 Bankruptcy protection. Yet Taco Bells … Continue reading →

…it usually is. Suppose someone came up to you and told you that you could put your assets in a U.S. trust, then funnel the money into a foreign (offshore) trust, and then have the money return to the U.S. … Continue reading →

The end of the week didn’t bring an end to tax fraud. There’s a lot to report as the fraudsters have been especially active. First, let’s look at two former public servants. From outside of Atlanta comes the indictment of … Continue reading →

There’s been plenty of tax fraud activity besides Wesley Snipes over the past few days. Here are some of the more interesting cases. From Las Vegas comes the case of a truly Bozo plan. Keith Carthon created some phony W-2s, … Continue reading →

Last week Ronald Lupica was sentenced to 15 months at ClubFed plus restitution for defrauding ARC, a Connecticut trash company, and not reporting the $1.4 million he and a confederate stole on their tax returns. Besides the $1.4 million owed … Continue reading →