News

IRS investigates tax refund scheme

IRS investigates tax refund scheme Click to Enlarge Photo:

Mar 26, 2013 at 7:42 am

MINNEAPOLIS, Minn. (AP) The Internal Revenue Service says it's investigating a large-scale tax refund scheme run from a Minnesota prison.

A search warrant application says the case likely involves hundreds of fraudulent tax returns from 2006 to 2012.

IRS investigator Kenneth Fry says the tax returns contain fraudulent and fictitious information, including wage and withholding details.

According to court documents, the IRS is focusing on an inmate in the Stillwater state prison who is due to be released in May. Fry says refunds from the bogus returns were split among co-conspirators.

Authorities are also investigating some alleged accomplices outside of prison. The IRS hasn't said how much money was involved in the alleged scheme.

Mike Tanner

Posted By Mike Tanner

News Director

Mike Tanner's Profile

Leave a Comment

Current Weather

For Central Minnesota

Temp: 20°F (-7°C)

Dewpoint: 15

Wind: 4 SE

Weather: light snow

Full Forecast | Live Radar

Community Calendar