NEWARK, N.J. (AP) - A New Jersey man has pleaded guilty to manipulating a fraudulent $170,000 refund out of the IRS.
NJ.com reports (https://bit.ly/2lAjzOp ) that 39-year-old Derrick Madison, of Jersey City, admitted to making fake payments to an account on the Internal Revenue Service’s telephone system from December 2010 to April 2014. The U.S. Department of Justice says Madison used frozen and closed banks accounts.
Officials say Madison then collected a $170,681 refund check after completing the fake overpayments.
Madison pleaded guilty to theft of public money. He will serve up to 10 years in prison. Sentencing is scheduled for June 12.
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Information from: NJ Advance Media.
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