Jan 22, 05:05 PM

Utah Man Accused of Defrauding Victims as DOJ Charges Seven in $600 Million COVID Tax Scheme Involving Over $600,000 in Losses

A Utah County man has been accused of defrauding numerous victims across Utah, resulting in losses exceeding hundreds of thousands of dollars. This case is part of a broader trend of fraudulent activities related to COVID-19 relief funds. The FBI reported that a prolific fraudster pleaded guilty to multiple scams, leading to over $600,000 in losses. Additionally, the IRS announced a guilty plea from a Los Angeles man who attempted to claim more than $65 million from the IRS by filing false COVID-19 claims for a nonexistent business. The Department of Justice has charged seven individuals in what is described as the largest Employee Retention Credit scheme in the United States, involving approximately $600 million in fraudulent claims and 8,000 false returns. These cases highlight the ongoing efforts by federal agencies to combat COVID-19-related fraud.

#Utah County #Utah #FBI #IRS #Los Angeles #Department of Justice #Employee Retention Credit #United States

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Utah Man Accused of Defrauding Victims as DOJ Charges Seven in $600 Million COVID Tax Scheme Involving Over $600,000 in Losses

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