Mortgage Recovery Tax Schemes Are Illegal As One NJ Man Found Out

New Jersey Man Convicted of Promoting Mortgage Recovery Tax Schemes

Mortgage Recovery Tax Schemes

Mortgage recovery tax schemes are illegal as Kenneth Crawford Jr. of Atlantic City found out. A federal jury in Camden, New Jersey, convicted Crawford of conspiring to defraud the IRS and filing false claims. The jury also found him guilty of obstructing the internal revenue laws.

Prosecutors stated at trial that Crawford and others promoted and sold a mortgage recovery tax scheme. The scheme obtained fraudulent refunds for their clients fraudulent from the IRS between 2015 and 2016.

Crawford promoted the scheme to people who were facing foreclosure or behind on their mortgage payments. He sold people on the idea that they could wipe out their mortgage debts by filing tax forms with the IRS.

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South Florida Tax Return Preparer Facing Civil Fraud Claims By The Feds

Justice Department Files Civil Suit To Shut Down South Florida Tax Return Preparer

tax return preparer

Federal prosecutors in Miami have filed a civil suit seeking to bar a South Florida tax return preparer from owning or operating a tax return preparation business. They are also seeking to bar Dimary Cordero Torres and her companies from preparing tax returns for others.

Cordero owned NMB Accounting and Tax Services LLC (NMB) and WFS Accounting and Tax Services LLC (WFS). The USAO also seeks an order requiring Cordero to give up any ill-gotten fees.

The complaint also states Cordero operates tax preparation stores in and around Miami. The feds allege that Cordero falsely increased her customers’ refunds. They also allege she profited through undisclosed high fees at the expense of their customers and the Treasury.

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IRS Robocall Scam Busted In Southern California

Southern California Police Bust Two Women Operating a Nationwide IRS Robocall Scam 

IRS robocall scam

Law enforcement in Southern California have confirmed that they have busted two women running an IRS robocall scam. Police in the LA suburb of Fontana claim they have confiscated $1 million in electronics and gift cards from the two women. California authorities had been investigating Ailing Lu and Ji Hyun Lee as part of a nationwide IRS robocall scam.

Police said the scam involves possibly hundreds of victims. Investigators claim the accused scammers also used fear to force victims to comply with their demands.

Police Officer Richard Guerrero says he was amazed at all of the electronics that were confiscated. He told NBC4 In Los Angeles:

We have things from iPads to iWatches to cameras.

Law enforcement alleges the suspects randomly called people claiming they were from the IRS.

Read more at MFI-Miami