Man investigated for massive tax fraud

we’ve all heard of people cheating on their taxes---but tonight we look at one investigation that really got our attention. it wasn't how much he's accused of stealing--- it's what he was writing down as his occupation. jeremy jojola went to silver city today to bring us the story. he's a silver city man----now under the thumb of the irs. for three years, a search warrant says he swindled uncle sam out of 543- thousand dollars by claiming to be a gigalo and a pleasure contractor. in silver city---one local man managed to strike it rich with stolen names and tax software according to this federal search warrant executed by i-r-s agents. we aren't releasng his name or showing his face because he hasn't been officially charged.... the apparent scheme is simple---- from his mobile home----he created fake tax returns by using names of people he knew--and filed 89 bogus returns electronically with a computer, according to the paper work. the irs caught wind of the scheme when it's computers flagged the returns because many of them had the same address and were filed under the same email account. not only that---the silver city man apparently created bogus job titles within the fake returns---like "gigolo," "poser," and "pleasure contractor." court documents say each return generated thousands in refunds that were apparently deposited into the man's bank account. a warrant says he bilked the i-r-s out of $543,374.03, between 2006 and 2008. we went looking for the man for his side of the story---but nobody was home. a confidential informant in the warrant tells i-r-s agents that the man bragged about his scheme.

Channel: ClipSyndicate Video Length: 0s Date Found: Fri, Apr 02 2010 2:25 AM Category: News Date Produced: Fri, Apr 02 2010 12:00 AM View Count: 0