Menu

Accountant Convicted of Claiming $8M in Fake Tax Returns

A Utah man was convicted earlier this month of using falsified IRS tax earnings documents to claim more than $8 million in fake tax returns, according to the Department of Justice Tax Division.

Dick Reid Jenkins, a certified public accountant, used a false IRS Form 1099-OID to file for two fraudulent tax returns on his own behalf, the Justice Department said.

Get LifeLock protection now.

Jenkins claimed a $402,920 tax refund on his 2007 income tax return. In 2008, he filed an amended 2004 tax return that claimed a refund of $434,261, the Justice Department said.

Jenkins was also responsible for 16 other income tax returns filed between September 2008 and February 2009 that claimed refunds in excess of $8.4 million.

The IRS has included using a false 1099-OID on its annual list of "Dirty Dozen" worst tax scams since 2009.

Jenkins faces up to 25 years in prison and up to $250,000 in fines for presenting a fictitious financial obligation to the United States, the Justice Department said. Jenkins also faces five years in prison and a fine for each count of presenting fraudulent claims to the United States.

The IRS warns taxpayers to avoid people who try to persuade them to file for tax returns to which they are not entitled. Individuals who allow others to apply for fraudulent returns on their behalf can be subject to fines and criminal prosecution, according to the IRS.

Jenkins will be sentenced by Judge Clark Waddoups on Sept. 9.

4 Million Members and Counting

Testimonial-Casey

"I would compare LifeLock to having that big older brother."- Casey S.

Testimonial-jamie

"All of my personal information, even my social security card, was taken".- Jamie A.


Sign up in minutes,
protection starts immediately.

Start Your Membership