On Friday, May 4, 1018, it was announced that a resident of Brooklyn had pleaded guilty to conspiracy to defraud the government and theft of public funds. Court documents show that 41-year Akim Martin, also known as Akim David, conspired with others to file fraudulent tax returns for companies and individual taxpayers. From March 2009 through March 2013, the defendant and his co-conspirators filed false tax returns in the names of businesses they supposedly owned and operated.
They also claimed phony deductions for wages paid to employees who did not exist. Then, Martin and the others filed fraudulent tax returns in the names of the employees claiming bogus refunds. They did so after acquiring the personal identifying information of the employees by stealing it and by recruiting individuals to provide their information in return for a cut of the earnings. Martin cashed and deposited the refund checks into bank accounts he controlled.
He ultimately used the money on personal expenses. As a result of Martin’s actions, a loss of more than $550,000 was sustained. Akim Martin is now scheduled to be sentenced on August 24, 2018. At that time, he will face a statutory maximum sentence of 15 years in prison. Further details have been made available here.