2 Florida men will spend time in federal prison for their roles in a stolen identity and tax refund fraud scheme. Here's the full story:
The men took thousands of names, addresses, and other personally identifiable information and used the data to file fraudulent tax returns between 2012 and 2014.
The program identified 100 of the largest EFIN holders based on fraud indicators like 100% refund rates and high rejection rates. Investigators pegged approximately 60 EFIN holders who claimed roughly $150 million in fraudulent returns for the tax years 2011 and 2012, and 62 EFIN holders who claimed more than $138 million in fraudulent returns for the tax year 2013.
According to court documents, Ludrick Joseph worked for Capital. Maurice Marcellus was the manager and sole registered agent of the company and ran the day-to-day operations. Between 2012 and 2014, Joseph and Marcellus prepared and electronically filed federal tax returns for individuals who were later determined to be identity theft victims.
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