INDIANAPOLIS (AP) - Federal prosecutors say an Indianapolis man has pleaded guilty in a nearly $3 million tax fraud scheme.
Prosecutors say 41-year-old Angel Marchena Suazo cashed about 800 stolen or fraudulent tax refund checks and deposited the nearly $3 million into accounts for his business, a tax and check-cashing service company. Prosecutors on Wednesday announced that he pleaded guilty to theft of government funds.
Officials say Suazo would pay the sources of the stolen or fraudulent checks and keep about 15 percent of proceeds.
Prosecutors say that Suazo also tried to get about $227,000 in fraudulent tax refunds by submitting about 100 fraudulent returns. Officials say he only received about $21,000 because most of the fraudulent returns were denied.
As part of his plea agreement the court will order Suazo to pay full restitution.
Copyright © 2021 The Washington Times, LLC.