Tuesday, November 29, 2022

Tax Tricks and Fraudulent Loopholes

Being a professional athlete can be very lucrative. But according to Craig Brown of NKSFB, about 78% of professional athletes go broke after retirement. One way to protect the nest egg is to know the tax loopholes which favor the wealthy. Seir Robinson Havana,...

You Can Run, But You Don’t Have To Hide

After six years on the run, a Mexican man who lived in Nashville when he allegedly defrauded the U.S. government has been captured by authorities. In 2015, Claudio Juarez and 46 others were charged with conspiracy to file false income tax returns against the United...

Father Doesn’t Always Know Best  

Ezra Hatcher Sr., of Augusta, Ga., and his daughter, Sherry Hatcher, have confessed to filing fraudulent inflated tax returns on behalf of their clients. (Fathers should teach their daughters many things, but how to commit fraud is definitely not one of them.) An Internal Revenue...

Fraud Not S­o Well-done

Small businesses are the backbone of this country’s economy. Many small business owners can make their dreams come true and provide jobs for others through their hard work. (Unfortunately, not all business owners are honest or engaging in legal activities.) Leonard Charles Fleszar of Phoenix,...

‘Till Fraud Do Us Part

Xiaojian Tao and Yu “Laura” Long are facing several charges due to their involvement in a  number of criminal activities. The married couple’s alleged scheme to defraud a research and development company that provided services to industrial and government clients in the United States...

Tax Fraud Emergency

Here’s some important advice: if you owe the Internal Revenue Service (IRS), pay up without delay. In hindsight, Dr. Kevin L. Crandell of Golden, Miss., probably wishes he had not skipped paying his personal income taxes over multiple years. (Nearly $1 million in back...

Who’s Crying Now?

There are harmless diversions and then there are harmful ones. An example of a harmless diversion is when your child is having a temper tantrum in the middle of the check-out line at the grocery store, and you offer them a binky, favorite toy,...

Wow

Have you ever been speechless after you hear about something that is just too hard to fathom? (Like a Southern California man who carried out a series of carefully devised plans to commit fraud and fund a lavish lifestyle? The nerve of him.) Matthew...

Things to Avoid

There are a few things that family medicine practitioner Dr. Ahmad Ismail of Bonifay, Fla., should have avoided. He shouldn’t have lied on two years of tax returns, nor should he have forgotten to live by the physician ethical principle of “do no harm.”...

The Certainty of Punishment

It was Benjamin Franklin who said the only two certainties in life are death and taxes. But there’s another certainty to consider – punishment for being convicted of tax fraud. When sentenced, Michael J. Tiernan, 62, of Williamsburg, Va., may have to spend some...
Advertisement

Get Your Fraud Fix!

Five days a week wake up to the most current fraud article in your mailbox.