Las Vegas

Las Vegas tax preparer pleads guilty to ID theft and money laundering

LAS VEGAS (KLAS) — A Las Vegas man is dealing with years in jail after pleading guilty to aggravated id theft, wire fraud, and money laundering.

Kind Isaac Umoren, 41, owned and operated Universal Tax Services and in accordance to courtroom paperwork from 2012 to 2016, he ready and filed IRS tax returns for purchasers that included false deductions and fictitious companies so as to generate bigger refunds than the purchasers have been entitled to obtain.

The U.S. Attorney’s office stated Umoren generally used the names and IRS preparer tax identification numbers of different UTS staff with out their data to disguise the actual fact he was submitting the return. He even went so far as to pose as an FBI agent and went to a shopper’s house to demand fee of a tax preparation price. He wore a pretend badge, and tactical gear and had police lights connected to his car, in accordance to the U.S. Attorney General’s office.

Umoren was additionally discovered to have used fraudulent paperwork, together with cast financial institution statements, when he was making an attempt to promote the company in 2016 to make it extra attractive to potential patrons. A purchaser did pay $3.8 million for UTS.

Umoren is scheduled to be sentenced on Nov. 2. He faces a most sentence of 5 years in jail on every rely of submitting a false tax return, 10 years in jail for every money laundering rely, 20 years in jail on every wire fraud rely, three years for impersonating a federal agent, and a minimum of two years for aggravated id thefts.

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