U.S.-based Nigerian Babatunde Olusegun Taiwo jailed for filing over 2,000 fraudulent tax returns that claimed more than $12 million in refunds Updated for 2021

82,125FansLike
2,966FollowersFollow
2,690SubscribersSubscribe
82,125FansLike
3,122FollowersFollow
2,690SubscribersSubscribe

Updated: February 27, 2021

Nigerian Babatunde Olusegun Taiwo was sentenced to 48 months in prison on Thursday for filing more than 2,000 fraudulent tax returns that claimed over $12 million in refunds

The sentence was announced by Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Jeffrey B. Jensen for the Eastern District of Missouri.

[read_more id="2" more="Read full article" less="Read less"]

Taiwo is a resident of St Louis in the state of Missouri.

According to documents and information provided to the Court, Babatunde Olusegun Taiwo, co-conspirator Kevin Williams and others, “engaged in a scheme to file false tax returns in the names of individuals whose personal identifying information they obtained without authorization”.

In particular, Taiwo, Williams, and others accessed from a data breach at a payroll company the information of hundreds of individuals, including school district employees in Alabama and Mississippi.

The co-conspirators then used the information to file false tax returns with the Internal Revenue Service (IRS). They sought to conceal their fraud by filing the tax returns under electronic filing identification numbers that the IRS issued to tax return preparation businesses that they obtained without authorization.

[/read_more]

U.S.-based Nigerian Babatunde Olusegun Taiwo jailed for filing over 2,000 fraudulent tax returns that claimed more than $12 million in refunds
Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

TRENDING

Human Rights Watch concludes Abiy Ahmed’s soldiers bombed civilians to death, schools, hospitals and markets in Tigray region

Ethiopian federal forces carried out apparently indiscriminate shelling of urban areas in the Tigray region in November 2020 in violation of the laws of war, Human Rights Watch said on Wednesday. Artillery attacks at the start of the armed conflict struck homes, hospitals, schools, and markets in the city of Mekelle, and the towns of Humera and Shire, killing at least 83 civilians, including children, and wounding...

Stay connected

[/read_more]

[read_more id="2" more="Read full article" less="Read less"]

error: Alert: Content is protected !!
Reddit
Tweet
Share
Share
Pocket
Share
More