Making A Statement

84

People have been known to do some crazy things to get their point across. An article published in The Denver Post tells what happened to three Colorado Springs residents who stated they were only trying to make a political point by filing false documents that could have cost the government $100 billion.

The story states that the trio created false documentation that showed several banks had withheld millions of dollars in taxes for interest and mortgage earnings then forwarded the funds to the Internal Revenue Service. (One of the defendants claimed $22 million in false tax refunds over a four-year period.)

The article reported that the three defendants were making a political statement by seeking credit for more than $100 billion in tax payments.

Unfortunately for the fraudulent trio, who represented themselves in court, 30 IRS and U.S. Treasury witnesses testified that the perpetrators had signed off on the ”private registered bonds for setoff” documents payable to the Department of Treasury for $100 billion. Further research revealed that the three ignored numerous warnings about the consequences of making ”frivolous claims.” In response to the warnings, the defendants mailed lien notices to the IRS and the U.S. Treasury officers stating that they owed $1.1 billion or $2.2 billion in damages and penalties.

The jury didn’t buy the defendants testimony and returned a guilty verdict for all three. The story states that the trio, who were dressed in white attire with U.S. and Colorado flag patches, were handcuffed and led out of the courtroom following the verdict. Although, they failed at convincing the jury that they were just making a political statement, the court succeeded in making its own statement. The government doesn’t put up with frivolous claims and will prosecute those who attempt to steal money from the U.S. Treasury.

Source: Today’s ”Fraud of the Day” is based on an article titled, ”Jury Convicts 3 Colorado Residents in $100 Billion Tax Fraud Scheme,” written by Kirk Mitchell and published by The Denver Post on November 7, 2014.

A jury on Friday convicted three Colorado Springs residents on numerous tax fraud counts in a case in which they tried to defraud the government out of more than $100 billion.

Judge Christine M. Arguello remanded George Brokaw, John Pawelski and Mimi Vigil to the custody of the U.S. Marshal’s Service for a release hearing.

Read More

SHARE
Previous articleBetrayed by Trust
Next articleKeeping Stories Straight

Larry Benson, Senior Director of Strategic Alliances, LexisNexis Risk Solutions - Government

Larry Benson is responsible for developing strategic partnerships and solutions for the government vertical. His expertise focuses on how government programs are defrauded by criminal groups, and the approaches necessary to prevent them from succeeding.

Mr. Benson has 30 years of experience in sales and business development. Before joining LexisNexis® Risk Solutions, he spent 12 years founding and managing two software technology startups. During the 1990s he spent 10 years as a Regional Director helping to grow a New England-based technology company from 300 employees to 7,000. He started his career with Martin Marietta Aerospace working on laser guided weapons and day/night vision systems.

A sought-after speaker and accomplished writer, Mr. Benson is the principal author of “Fraud of the Day,” a website dedicated to educating government officials about how criminals are defrauding government programs. He has co-authored WTF? Where’s the Fraud? How to Unmask and Stop Identity Fraud’s Drain on Our Government, and Data Personified, How Fraud is Changing the Meaning of Identity.

Benson holds a Bachelor of Science in Physics from Albright College, and earned two graduate degrees – a Master of Business Administration from Florida Institute of Technology, and a Master of Science in Engineering from Lehigh University.