This week, it was announced that a man from Brooklyn, New York had been sentenced to 48 months for conspiring to defraud the government and theft of public funds. Documents filed with the court show that Akim Martin or Akim Davis conspired with others to file fraudulent tax returns for individuals and companies. From March of 2009 through March of 2013, the defendant and his co-conspirators filed false tax returns in the names of businesses they claimed to have owned and operated. They claimed false deductions for wages paid to employees supposedly working for these fake companies.
Martin negotiated the illegally obtained refund checks and used the money on personal expenses. As a result of Martin’s conduct, the government suffered a tax loss of more than $550,000. After the 48 month prison sentence has been served, Martin will serve three years of supervised release. The defendant will also forfeit $82,600 and pay restitution of $544,325 to the Internal Revenue Service.
Further details have been made available here.