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U.S. Treasury

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NJ Tax Preparer Busted By IRS In $32.6 Million COVID Fraud NJ Tax Preparer Busted By IRS In $32.6 Million COVID Fraud
NJ Tax Preparer Busted By IRS In $32.6 Million COVID Fraud A tax preparer from Teaneck was arrested Monday for illegally collecting more than $1 million for himself and $31.6 million for clients in tax refunds by filing fraudulent returns with the government, federal authorities said. Leon Haynes, 49, sought $124.8 million combined from the IRS in nearly 1,400 bogus tax formers that he filed claiming COVID-related employment tax credits, said U.S. Attorney Philip R. Sellinger and Acting Deputy U.S. Assistant Attorney General Stuart M. Goldberg. "Based on Haynes’ false claims about his own companies, the U.S. Treasury mailed him multiple tax re…

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by Jerry DeMarco
Police & Fire
Feds: Middlesex County ID Thief Forged, Cashed $211,887 US Treasury Check Feds: Middlesex County ID Thief Forged, Cashed $211,887 US Treasury Check
Feds: Middlesex County ID Thief Forged, Cashed $211,887 US Treasury Check A Middlesex County identity thief collected $211,887 by forging a stolen U.S. Treasury check, federal authorities said Tuesday. Federal agents arrested Bernard Lopez, 40, of Sayreville, in Florida on Monday, U.S. Attorney Craig Carpenito said. They charged him with bank fraud, theft of government funds and aggravated identity theft. Lopez “used a victim’s Social Security number and business documents pertaining to a sham business that he had created to open a fraudulent bank account in that business’ name,” Carpenito said. He then altered a stolen U.S. Treasury check to be made payable to…

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by Jerry DeMarco
Police & Fire
Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs
Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs Israel’s largest bank and a Swiss subsidiary agreed in federal court in Manhattan on Thursday to pay $874.27 million to the U.S. Treasury, the Federal Reserve, and the New York State Department of Financial Services to settle offshore tax-evasion charges. At the same time, Bank Hapoalim B.M. and its wholly owned subsidiary, Hapoalim (Switzerland) Ltd., agreed to pay more than $30 million to the United States to resolve a federal investigation into their roles in laundering bribes and kickbacks to the world governing body for soccer. As part of the tax-evasion settlement, Bank Hapoalim B.M.&…

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by Jerry DeMarco