Category Archives: Tax Fraud

If You Admit Fraud, It’s Hard to Deny Fraud

Posted on August 8, 2006 by Russ

The Tax Court today looked at a case where the government went after a couple who had been convicted of insurance fraud. The problems began in 1998, when the fraud was committed. There was $272,963 in unreported income. As you … Continue reading →

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Miami Vice

Posted on August 8, 2006 by Russ

Former Atlanta Mayor Bill Campbell will begin serving his 2 1/2 year sentence on August 21st. Campbell’s request to stay free while appealing his sentence was denied last week by Judge Richard Story. Story noted that Campbell “as not shown … Continue reading →

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Soccer and Crocodiles

Posted on July 27, 2006 by Russ

I promised that I wouldn’t write about soccer anymore. Well, I’m going to try not to, but I can’t help myself. Dutch soccer coach Guus Hiddink will be prosecuted for tax fraud according to this story. And many Americans will … Continue reading →

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Hovind Pleads Not Guilty; Dinosour Land Defunct

Posted on July 18, 2006 by Russ

Kent Hovind, who we wrote about last week, has pled not guilty to 58 counts (mainly tax fraud). His trial was set for September 5th. Hovind claims he’s employed by God; among the charges are violations of bank reporting requirements … Continue reading →

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Almost Impossible to Trace

Posted on March 22, 2006 by Russ

Don’t try this at home. Suppose you set up some offshore companies. You take investors’ money and buy gold coins (making the money harder to trace). Add a few shell companies, here and abroad, ignore those pesky IRS (and Treasury) … Continue reading →

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Shades of Western Tax Service

Posted on March 7, 2006 by Russ

In Maryland, a certified accountant was arrested on tax fraud charges. Allegedly, he inflated deductions, and inflated his tax preparation charges. He apparently used some of the $300,000 his scheme raised to buy property. Story: Baltimore Sun

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Crime Log: Nursing Homes Pay Well…

Posted on February 11, 2006 by Russ

…when you withhold taxes from employees and keep them. Crime does pay, as long until you get caught. Take nursing home owner Jack Easterday, formerly of Alameda, CA, and soon to be residing in a federal penitentiary. Mr. Easterday was … Continue reading →

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The Saga of Western Tax Service Draws to a Close

Posted on February 9, 2006 by Russ

Samuel Joseph DeAngelo headed Western Tax Service. It attracted tax clients quickly as it averaged $2,500 refunds for each customer. It’s techniques were certainly interesting, and come from the Richard Hatch School of Tax Preparers: – Making up false deductions … Continue reading →

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The 2005 Tax Offender of the Year

Posted on December 31, 2005 by Russ

Boy, what a year. And what choices we have in naming our 2005 Offender of the Year. The nominees include, – Richard Hatch, who had over 300 million witnesses to winning $1 million on Survivor, but didn’t include the winnings … Continue reading →

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Money Machine Undone

Posted on December 4, 2005 by Russ

Wade Cook, author of books such as Wall Street Money Machine was indicted on eight counts of tax fraud, obstruction of justice and conspiracy. Cook, and his wife (who was also charged), created a phony tax exempt entity but allegedly … Continue reading →

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