Please Make your Check Payable to "J.A.I.L, Inc."

By sskrplaw on April 1, 2008 9:31 AM | Permalink | Comments (0) | TrackBacks (0)

The United States Department of Justice and the Office of the United States Attorney for the Central District of California issued a news release today advising that Abdul Wahid, the owner of Global Accounting and Tax Service in Los Angeles, pleaded guilty to a series of criminal tax charges relating to a scheme in which he defrauded his clients and the Internal Revenue Service.

Mr. Wahid purportedly formed a number of companies, each bearing the acronymn for a governmental agency to whom you would make a check payable. For instance, IRS, Inc. He would then prepare tax returns for his clients showing thousands of dollars of tax due and instruct the client to make a check payable to the appropriate agency and, of course, deposit those checks into the accounts he created for the corporations he owned. He then didn't report the income. Brilliant.

April 15th is coming.

John Hanamirian

0 TrackBacks

Listed below are links to blogs that reference this entry: Please Make your Check Payable to "J.A.I.L, Inc.".

TrackBack URL for this entry: http://sskrplaw.com/cgi-bin/mt/mt-tb.cgi/74

Please Make your Check Payable to "J.A.I.L, Inc."

Categories:

0 TrackBacks

Leave a comment

Search

About this Entry